Koninklijke DSM (OTCMKTS:RDSMY) Upgraded to “Buy” by Jefferies Financial Group

Jefferies Financial Group upgraded shares of Koninklijke DSM (OTCMKTS:RDSMYGet Rating) from a hold rating to a buy rating in a report published on Wednesday morning, The Fly reports.

Other equities analysts have also recently issued research reports about the stock. Barclays dropped their target price on shares of Koninklijke DSM from €189.00 ($192.86) to €188.00 ($191.84) in a research report on Wednesday, May 25th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Koninklijke DSM from €205.00 ($209.18) to €180.00 ($183.67) and set a buy rating for the company in a research note on Friday, June 24th. Credit Suisse Group lowered their price target on shares of Koninklijke DSM from €182.00 ($185.71) to €162.00 ($165.31) and set an outperform rating for the company in a research note on Wednesday, July 13th. Finally, Sanford C. Bernstein raised shares of Koninklijke DSM from a market perform rating to an outperform rating in a research note on Tuesday, June 14th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, Koninklijke DSM currently has a consensus rating of Moderate Buy and a consensus target price of $174.00.

Koninklijke DSM Stock Performance

RDSMY stock opened at $30.62 on Wednesday. The company’s 50-day moving average is $35.62 and its 200-day moving average is $38.96. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.52 and a quick ratio of 1.58. Koninklijke DSM has a 1 year low of $30.32 and a 1 year high of $56.92.

Koninklijke DSM Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 2nd. Shareholders of record on Friday, August 12th were given a dividend of $0.1906 per share. The ex-dividend date was Thursday, August 11th. This represents a yield of 1.52%.

About Koninklijke DSM

(Get Rating)

Koninklijke DSM N.V., a science-based company, engages in nutrition, health, and sustainable living businesses in the Netherlands, Switzerland, rest of Europe, North America, Latin America, China, rest of Asia, and internationally. It operates through Nutrition, Materials, and Innovation Center segments.

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Analyst Recommendations for Koninklijke DSM (OTCMKTS:RDSMY)

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