Arkema S.A. Upgraded to Buy at Bank of America (ARKAY)
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC downgraded shares of Arkema S.A. from a “buy” rating to a “neutral” rating in a research note on Monday. Separately, analysts at JPMorgan Chase & Co. downgraded shares of Arkema S.A. from an “overweight” rating to an “underweight” rating in a research note on Tuesday, July 8th. Finally, analysts at Morgan Stanley upgraded shares of Arkema S.A. from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, July 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. Arkema S.A. has a consensus rating of “Buy”.
Arkema S.A. (NASDAQ:ARKAY) opened at 71.05 on Tuesday. Arkema S.A. has a 1-year low of $67.50 and a 1-year high of $116.94. The stock has a 50-day moving average of $95.2 and a 200-day moving average of $104.3. The company has a market cap of $4.524 billion and a P/E ratio of 15.39.
Arkema S.A. (NASDAQ:ARKAY) last announced its earnings results on Friday, August 1st. The company reported $1.42 earnings per share for the quarter. On average, analysts predict that Arkema S.A. will post $7.22 earnings per share for the current fiscal year.
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