Sigma-Aldrich Stock Rating Reaffirmed by KeyCorp (SIAL)
Sigma-Aldrich (NASDAQ:SIAL)‘s stock had its “buy” rating reiterated by research analysts at KeyCorp in a report released on Wednesday. They currently have a $112.00 target price on the stock, up from their previous target price of $108.00. KeyCorp’s price objective would indicate a potential upside of 9.86% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Sigma-Aldrich in a research note on Friday, May 9th. They now have a $102.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Sigma-Aldrich in a research note on Friday, April 25th. They now have a $95.00 price target on the stock. Finally, analysts at Mizuho raised their price target on shares of Sigma-Aldrich from $85.00 to $95.00 in a research note on Friday, April 25th. They now have a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $89.63.
Shares of Sigma-Aldrich (NASDAQ:SIAL) traded up 1.03% on Wednesday, hitting $103.00. 358,237 shares of the company’s stock traded hands. Sigma-Aldrich has a 52 week low of $81.86 and a 52 week high of $102.79. The stock has a 50-day moving average of $100.5 and a 200-day moving average of $95.76. The company has a market cap of $12.241 billion and a P/E ratio of 24.87.
Sigma-Aldrich (NASDAQ:SIAL) last announced its earnings results on Thursday, April 24th. The company reported $1.06 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.03 by $0.03. The company had revenue of $689.00 million for the quarter, compared to the consensus estimate of $690.60 million. During the same quarter in the prior year, the company posted $1.03 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts expect that Sigma-Aldrich will post $4.37 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Friday, August 29th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Wednesday, August 27th.
Sigma-Aldrich Corporation is a life science and high technology company. The Company develops, manufactures, purchases and distributes the range of chemicals, biochemicals and equipment available globally and also provides global biopharmaceutical testing services.
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