Henkel AG & Co. (OTCMKTS:HENKY) Rating Lowered to "Hold" at Zacks Research

Key Points

• Henkel AG & Co. was downgraded from a "strong-buy" to a "hold" rating by Zacks Research, while Barclays upgraded the stock to a "strong-buy."
• The stock recently traded up by 2.0%, reaching $19.68, with a consensus rating of "Buy" among analysts.
• Henkel operates in adhesive technologies and consumer brands, with a current ratio of 1.21 and a quick ratio of 0.93.

Zacks Research downgraded shares of Henkel AG & Co. (OTCMKTS:HENKY - Free Report) from a strong-buy rating to a hold rating in a report published on Monday, August 18th,Zacks.com reports.

Separately, Barclays raised Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy".

Henkel AG & Co. Price Performance

Shares of OTCMKTS HENKY traded down $0.2599 during mid-day trading on Monday, reaching $19.50. The company had a trading volume of 12,276 shares, compared to its average volume of 128,604. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. Henkel AG & Co. has a one year low of $16.5401 and a one year high of $21.37. The business's 50-day simple moving average is $18.35 and its 200 day simple moving average is $18.30.

About Henkel AG & Co.

Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.