Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Compagnie de Saint-Gobain - Unsponsored ADR has received an average rating of “Moderate Buy” from five brokerages, with three analysts recommending a hold and two a strong buy.
• The company recently announced a dividend increase to $0.3395 per share, up from the previous $0.33, reflecting a substantial 151.0% dividend yield.
• The stock has fluctuated between a 12-month low of $16.02 and a high of $24.52, opening at $23.03 on the latest trading day.

Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY - Get Free Report) has been given an average recommendation of "Moderate Buy" by the five brokerages that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

Several equities analysts have commented on the company. The Goldman Sachs Group raised Compagnie de Saint-Gobain to a "hold" rating in a research report on Tuesday, June 17th. Sanford C. Bernstein upgraded Compagnie de Saint-Gobain to a "hold" rating in a research note on Tuesday, May 13th. Royal Bank Of Canada upgraded Compagnie de Saint-Gobain to a "moderate buy" rating in a research note on Tuesday, May 13th. Finally, DZ Bank upgraded Compagnie de Saint-Gobain from a "strong sell" rating to a "strong-buy" rating in a research note on Friday, August 8th.

Compagnie de Saint-Gobain Price Performance

OTCMKTS CODYY opened at $23.03 on Wednesday. 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 has a 12 month low of $16.02 and a 12 month high of $24.52. The stock's 50 day moving average is $22.91 and its 200 day moving average is $21.50.

Compagnie de Saint-Gobain Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 9th were paid a $0.3395 dividend. The ex-dividend date was Friday, June 6th. This is a positive change from Compagnie de Saint-Gobain's previous dividend of $0.33. This represents a dividend yield of 151.0%.

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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