SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Receives Consensus Recommendation of “Buy” from Analysts

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) have been assigned a consensus rating of “Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, two have issued a buy recommendation and three have given a strong buy recommendation to the company.

Several equities research analysts have weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of SIKA in a research report on Tuesday, September 2nd. Citigroup restated a “neutral” rating on shares of SIKA in a research note on Friday, October 10th. Finally, Rothschild Redb raised SIKA from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th.

SIKA Stock Up 0.6%

OTCMKTS:SXYAY opened at $19.67 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.17 and a debt-to-equity ratio of 0.90. SIKA has a 12 month low of $18.29 and a 12 month high of $27.52. The firm has a fifty day simple moving average of $20.63 and a 200-day simple moving average of $23.54.

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.