Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY) Receives Consensus Recommendation of "Moderate Buy" from 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 assigned an average recommendation of "Moderate Buy" from the five ratings firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

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

Compagnie de Saint-Gobain Stock Down 1.8%

CODYY stock traded down $0.41 during trading on Wednesday, hitting $22.83. 255,905 shares of the stock traded hands, compared to its average volume of 198,654. The company has a current ratio of 1.35, a quick ratio of 0.92 and a debt-to-equity ratio of 0.50. Compagnie de Saint-Gobain has a one year low of $16.55 and a one year high of $24.52. The company has a 50 day simple moving average of $22.93 and a 200 day simple moving average of $21.62.

Compagnie de Saint-Gobain Increases Dividend

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

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.