SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) has been given an average recommendation of “Moderate Buy” by the nine brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company.

Several equities analysts recently issued reports on SXYAY shares. Deutsche Bank Aktiengesellschaft cut SIKA to a “hold” rating in a research report on Monday, December 8th. Citigroup reiterated a “buy” rating on shares of SIKA in a research note on Thursday, January 8th. Barclays raised SIKA from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Royal Bank Of Canada cut SIKA from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Zacks Research downgraded SIKA from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th.

SIKA Price Performance

Shares of OTCMKTS:SXYAY opened at $18.20 on Monday. SIKA has a one year low of $18.06 and a one year high of $27.52. The company has a 50-day simple moving average of $19.79 and a 200-day simple moving average of $20.64. The company has a quick ratio of 1.17, a current ratio of 1.66 and a debt-to-equity ratio of 0.90.

SIKA Company Profile

Sika AG is a Switzerland-based specialty chemicals company that develops and manufactures systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and in industrial manufacturing. Founded in 1910 and headquartered in Baar, Switzerland, Sika is best known for its portfolio of construction chemicals and industrial adhesives that serve new construction, refurbishment and industrial production applications.

The company’s product range includes concrete admixtures and repair mortars, sealants and adhesives, waterproofing membranes and roofing systems, flooring systems, façade and structural bonding solutions, and vibration-damping and acoustic solutions for industry.