Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) saw an uptick in trading volume on Friday . 133,588 shares traded hands during trading, an increase of 265% from the previous session’s volume of 36,606 shares.The stock last traded at $6.77 and had previously closed at $6.78.
Analysts Set New Price Targets
UMICY has been the topic of a number of recent analyst reports. Zacks Research upgraded Umicore to a “hold” rating in a research report on Tuesday, May 19th. The Goldman Sachs Group raised shares of Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. Kepler Capital Markets lowered shares of Umicore from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Umicore in a report on Friday, June 19th. Finally, Berenberg Bank downgraded shares of Umicore from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Report on Umicore
Umicore Stock Down 0.1%
Umicore Company Profile
Umicore is a global materials technology and recycling company headquartered in Brussels, Belgium. The company specializes in the development and manufacture of advanced materials and catalysts that support clean mobility, energy storage and sustainable resource management. Its activities span the refining and recovery of precious metals, the production of emission control catalysts for the automotive industry, and the sourcing of materials for rechargeable batteries.
Umicore operates through three main business units: Catalysis, Energy & Surface Technologies, and Recycling.
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