Compagnie de Saint-Gobain (OTCMKTS:CODYY) Downgraded to Hold Rating by Zacks Research

Key Points

• Compagnie de Saint-Gobain has been downgraded from a "strong-buy" rating to a "hold" rating by Zacks Research.
• Despite the downgrade, other analysts have recently upgraded the stock, indicating a mixed outlook with two strong buy ratings and four hold ratings reported.
• The stock has seen a decline of 1.9%, opening at $21.23, with a one-year price range between $16.55 and $24.52.

Compagnie de Saint-Gobain (OTCMKTS:CODYY - Get Free Report) was downgraded by research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued on Monday,Zacks.com reports.

Several other research analysts have also recently weighed in on CODYY. DZ Bank upgraded shares of Compagnie de Saint-Gobain from a "strong sell" rating to a "strong-buy" rating in a research note on Friday, August 8th. Sanford C. Bernstein upgraded shares of Compagnie de Saint-Gobain to a "hold" rating in a research report on Tuesday, May 13th. The Goldman Sachs Group upgraded Compagnie de Saint-Gobain to a "hold" rating in a report on Tuesday, June 17th. Finally, Royal Bank Of Canada upgraded shares of Compagnie de Saint-Gobain to a "moderate buy" rating in a report on Tuesday, May 13th. Two equities research analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".

Compagnie de Saint-Gobain Stock Down 1.9%

OTCMKTS CODYY opened at $21.23 on Monday. Compagnie de Saint-Gobain has a 1-year low of $16.55 and a 1-year high of $24.52. The business's fifty day moving average price is $22.90 and its 200-day moving average price is $21.85. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.35 and a quick ratio of 0.92.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Middle East (ME) & Africa; Americas; and Asia-Pacific.

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