Arkema S.A. (OTCMKTS:ARKAY) Receives $104.33 Average Price Target from Brokerages

Shares of Arkema S.A. (OTCMKTS:ARKAYGet Rating) have received a consensus rating of “Hold” from the ten ratings firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $104.00.

Several equities analysts have commented on ARKAY shares. Barclays lowered their price objective on shares of Arkema from €131.00 ($133.67) to €126.00 ($128.57) in a research report on Monday, November 14th. Morgan Stanley lowered their price objective on shares of Arkema from €91.00 ($92.86) to €88.00 ($89.80) and set an “underweight” rating for the company in a research report on Wednesday, October 5th. Berenberg Bank lowered their price objective on shares of Arkema from €100.00 ($102.04) to €98.00 ($100.00) and set a “buy” rating for the company in a research report on Tuesday. The Goldman Sachs Group lowered shares of Arkema from a “buy” rating to a “neutral” rating in a research report on Thursday, September 1st. Finally, Credit Suisse Group reduced their target price on shares of Arkema from €80.00 ($81.63) to €79.00 ($80.61) in a research note on Wednesday, November 16th.

Arkema Price Performance

ARKAY stock opened at $87.75 on Tuesday. Arkema has a 52 week low of $67.88 and a 52 week high of $152.18. The company has a quick ratio of 1.30, a current ratio of 1.90 and a debt-to-equity ratio of 0.37. The company has a fifty day simple moving average of $79.48 and a two-hundred day simple moving average of $91.84. The firm has a market capitalization of $6.58 billion, a P/E ratio of 5.77, a price-to-earnings-growth ratio of 2.35 and a beta of 1.38.

Arkema Company Profile

(Get Rating)

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates through Adhesive Solutions, Advanced Materials, Coating Solutions, and Intermediates segments. It provides adhesive solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.

Featured Articles

Analyst Recommendations for Arkema (OTCMKTS:ARKAY)

Receive News & Ratings for Arkema Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arkema and related companies with MarketBeat.com's FREE daily email newsletter.