Zacks Research Downgrades Henkel AG & Co. (OTCMKTS:HENKY) to Hold

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 lowered shares of Henkel AG & Co. (OTCMKTS:HENKY - Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Barclays upgraded Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy".

Henkel AG & Co. Stock Up 1.6%

HENKY traded up $0.3199 during midday trading on Monday, hitting $19.7599. The company's stock had a trading volume of 29,804 shares, compared to its average volume of 93,243. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $18.35 and a two-hundred day moving average price of $18.30. Henkel AG & Co. has a 52-week low of $16.5401 and a 52-week high of $21.37.

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.