Arkema (OTCMKTS:ARKAY) Rating Increased to Hold at Zacks Research

Key Points

• Zacks Research upgraded Arkema from a “strong sell” to a “hold”, joining recent broker moves and leaving Arkema with a MarketBeat consensus rating of Hold (2 Buys, 6 Holds, 1 Sell).
• Shares opened at $73.12 (up about 1.7%), trading in a 52-week range of $56.28–$79.36, with a market cap of $5.56 billion and a high P/E of 84.05, suggesting a relatively rich valuation.
• Arkema is a France-based global specialty chemicals and advanced materials company organized into four core segments, including Adhesive Solutions serving packaging, medical, and consumer markets.

Arkema (OTCMKTS:ARKAY - Get Free Report) was upgraded by Zacks Research from a "strong sell" rating to a "hold" rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other analysts also recently commented on the company. Berenberg Bank downgraded Arkema from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 20th. The Goldman Sachs Group upgraded Arkema from a "hold" rating to a "buy" rating in a research report on Tuesday, February 10th. Sanford C. Bernstein upgraded Arkema from a "strong sell" rating to a "hold" rating in a research report on Monday, April 20th. Kepler Capital Markets downgraded Arkema from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Arkema in a research report on Thursday, April 9th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Arkema presently has a consensus rating of "Hold".

Arkema Stock Up 1.7%

Shares of ARKAY opened at $73.12 on Monday. Arkema has a 52 week low of $56.28 and a 52 week high of $79.36. The company has a quick ratio of 1.63, a current ratio of 2.13 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 84.05 and a beta of 0.84. The stock's 50-day moving average price is $67.84 and its 200-day moving average price is $64.07.

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.

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