Shares of Solvay SA (OTCMKTS:SOLVY) have been given an average recommendation of “Buy” by the nine analysts that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company.
SOLVY has been the topic of several recent research reports. UBS Group reiterated a “neutral” rating on shares of Solvay in a research report on Wednesday, July 14th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Solvay in a report on Friday, July 30th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Solvay in a research note on Wednesday, August 11th.
Shares of OTCMKTS:SOLVY remained flat at $$13.01 during trading on Monday. The firm’s 50-day simple moving average is $13.14 and its 200 day simple moving average is $13.14. Solvay has a 1-year low of $8.13 and a 1-year high of $14.23.
Solvay SA engages in the manufacture and distribution of chemical and plastic products. It operates through the following segments: Advanced Formulations, Advanced Materials, Performance Chemicals and Corporate and Business Services. The Advanced Formulations segment offers specialty formulations that impact surface chemistry and alter liquid behavior.
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