Nomura Upgrades Arkema S.A. to Buy (ARKAY)
Shares of Arkema S.A. (NASDAQ:ARKAY) opened at 71.05 on Tuesday. Arkema S.A. has a 52-week low of $67.50 and a 52-week 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 price-to-earnings ratio of 15.39.
Arkema S.A. (NASDAQ:ARKAY) last announced its earnings results on Friday, August 1st. The company reported $1.42 EPS for the quarter. On average, analysts predict that Arkema S.A. will post $7.22 earnings per share for the current fiscal year.
ARKAY has been the subject of a number of other recent research reports. Analysts at Bank of America upgraded shares of Arkema S.A. from a “neutral” rating to a “buy” rating in a research note on Tuesday. Separately, analysts at HSBC downgraded shares of Arkema S.A. from a “buy” rating to a “neutral” rating in a research note on Monday. Finally, 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. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy”.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.