SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Given Consensus Recommendation of “Buy” by Brokerages

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) has earned an average recommendation of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and three have issued a strong buy rating on the company.

A number of research firms have weighed in on SXYAY. Barclays upgraded shares of SIKA from a “strong sell” rating to a “hold” rating in a research report on Friday. Rothschild Redb upgraded shares of SIKA from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Morgan Stanley reissued an “overweight” rating on shares of SIKA in a research report on Tuesday, September 2nd. Finally, Citigroup restated a “neutral” rating on shares of SIKA in a research report on Friday, October 10th.

SIKA Stock Performance

OTCMKTS SXYAY opened at $19.42 on Friday. The business’s 50 day moving average price is $20.58 and its 200-day moving average price is $23.46. SIKA has a fifty-two week low of $18.29 and a fifty-two week high of $27.52. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.66 and a quick ratio of 1.17.

SIKA Company Profile

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. The company offers tile adhesives and grouts, systems for under-tile waterproofing, sound reduction, renders, decorative finishes for exterior and interior walls, as well as exterior insulation finishing system; develops admixtures and additives for concrete, cement, and mortar production; and flat roofing systems.