Arkema (OTCMKTS:ARKAY) Stock Rating Lowered by Berenberg Bank

Arkema (OTCMKTS:ARKAY) was downgraded by Berenberg Bank from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other brokerages have also issued reports on ARKAY. Kepler Capital Markets lowered shares of Arkema from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Arkema in a research note on Thursday, April 9th. Sanford C. Bernstein upgraded shares of Arkema from a “strong sell” rating to a “hold” rating in a research note on Monday. Zacks Research lowered shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Finally, The Goldman Sachs Group upgraded shares of Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

Arkema Trading Down 0.2%

OTCMKTS:ARKAY opened at $73.10 on Monday. The company has a 50-day moving average price of $68.27 and a 200-day moving average price of $63.27. Arkema has a 12 month low of $56.28 and a 12 month high of $79.36. The company has a current ratio of 2.13, a quick ratio of 1.63 and a debt-to-equity ratio of 0.54. The stock has a market cap of $5.56 billion, a price-to-earnings ratio of 84.02 and a beta of 0.84.

Arkema Company Profile

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.