Arkema SA (ARKAY) Stock Rating Lowered by Zacks Investment Research
Arkema SA (OTCMKTS:ARKAY) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday.
According to Zacks, “Arkema SA is engaged in the manufacturing and marketing of vinyl products, industrial chemicals, and performance products. Vinyl products include chlorine or caustic soda, pipes and profiles, PVC, and vinyl compounds. Industrial chemicals include emulsion systems, fluorochemicals, hydrogen peroxide, PMMA and methacrylics, specialty acrylic polymers and thiochemicals. Performance products include functional additives, specialty chemicals and technical polymers. The Company’s products can be used for various purposes including air conditioning or refrigeration; chemical processing, coating, construction; packaging; automotive & transportation. Its products, also find their application in adhesives and sealants, agriculture & agrochemicals, consumer goods, electronics, foams, solvents and aerosols market, health, hygiene & beauty, oil & gas, energy, pharmaceuticals, pulp & paper, rubber market, sports & leisure, etc. Arkema SA is headquartered in France. “
Other equities analysts have also recently issued research reports about the stock. Citigroup Inc. upgraded shares of Arkema SA from a “neutral” rating to a “buy” rating in a research note on Monday, July 3rd. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating on shares of Arkema SA in a research note on Tuesday, August 8th.
Shares of Arkema SA (ARKAY) opened at 122.05 on Tuesday. Arkema SA has a one year low of $90.98 and a one year high of $123.11.
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Arkema SA Company Profile
Arkema SA is a chemical producer, which provides specialty chemicals and advanced materials. The Company manufactures a range of products for industries, including construction, packaging, chemical, automotive, electronics, food and pharmaceutical industries. The Company operates through three business segments: High Performance Materials, Industrial Specialties and Coating Solutions.
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