Barry Callebaut (OTCMKTS:BYCBF) Stock Price Up 2% – Still a Buy?

Barry Callebaut AG (OTCMKTS:BYCBF) rose 2% during trading on Friday . The company traded as high as $1,385.00 and last traded at $1,385.00. Approximately 20 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 137 shares. The stock had previously closed at $1,357.75.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Barry Callebaut in a research report on Tuesday, September 9th. Citigroup restated a “neutral” rating on shares of Barry Callebaut in a research note on Monday, September 8th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Barry Callebaut Trading Up 2.0%

The stock has a fifty day simple moving average of $1,302.80 and a 200-day simple moving average of $1,140.74.

About Barry Callebaut

Barry Callebaut AG, together with its subsidiaries, engages in the manufacture and sale of chocolate and cocoa products. The company provides chocolates, compounds, chips and chunks, cocoa, cacao fruit, fillings, coatings, nuts, decorations and inclusions, and food colorants, as well as personalization sheets.