Barclays Capital lowered shares of Solvay S.A. (OTCMKTS:SVYZY) from an equal weight rating to an underweight rating in a research report released on Thursday morning, StockRatingsNetwork reports.
Barclays Capital has also updated their ratings on a number of other stocks in the last week. The firm lowered its price target on shares of China Southern Airli from $49.00 to $44.00. They have an equal weight rating on that stock. Also, Barclays Capital raised its price target on shares of Syngenta AG from $389.00 to $392.00. They have an equal weight rating on that stock. Finally, Barclays Capital raised its price target on shares of Willis Group Holdings PLC from $48.00 to $51.00. They have an overweight rating on that stock.
Solvay S.A. (OTCMKTS:SVYZY) remained flat at $14.58 during trading on Thursday. Solvay S.A. has a 52-week low of $11.82 and a 52-week high of $15.62. The stock’s 50-day moving average is $14.50 and its 200-day moving average is $14.23. The company has a market cap of $12.040 billion and a P/E ratio of 19.10.
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