Solvay SA (OTCMKTS:SLVYY) Given Consensus Rating of “Reduce” by Analysts

Solvay SA (OTCMKTS:SLVYY) has been assigned a consensus rating of “Reduce” from the six brokerages that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company.

SLVYY has been the topic of a number of research reports. Barclays reaffirmed an “underweight” rating on shares of Solvay in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft raised shares of Solvay from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Oddo Bhf lowered shares of Solvay to a “neutral” rating in a research report on Tuesday, February 17th.

Solvay Stock Up 0.7%

Shares of SLVYY stock opened at $3.05 on Wednesday. Solvay has a 1 year low of $2.77 and a 1 year high of $3.52. The firm’s fifty day simple moving average is $3.08 and its 200 day simple moving average is $3.08.

About Solvay

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers.