Zacks Research Upgrades Arcadis (OTCMKTS:ARCAY) to Strong-Buy

Key Points

• Zacks Research upgraded Arcadis (OTCMKTS:ARCAY) from a "hold" to a Strong-Buy in a report released Wednesday.
• Analyst views are mixed: KeyCorp cut its rating from "overweight" to "hold," and the consensus across three analysts is a "Moderate Buy" (one Strong Buy, two Holds).
• Arcadis opened at $39.50, trading within a 12-month range of $27.03 to $75.99, with a 50-day moving average of $36.14 and a 200-day moving average of $43.28.

Arcadis (OTCMKTS:ARCAY - Get Free Report) was upgraded by equities researchers at Zacks Research from a "hold" rating to a "strong-buy" rating in a report released on Wednesday,Zacks.com reports.

Separately, KeyCorp cut shares of Arcadis from an "overweight" rating to a "hold" rating in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

Arcadis Price Performance

OTCMKTS ARCAY opened at $39.50 on Wednesday. Arcadis has a 12 month low of $27.03 and a 12 month high of $75.99. The stock's fifty day moving average price is $36.14 and its 200-day moving average price is $43.28. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02.

Arcadis Company Profile

Arcadis NV OTCMKTS: ARCAY is a leading global design and consultancy firm specializing in the built and natural environment. The company provides a wide range of professional services, including infrastructure design, water management, environmental consulting, project and program management, and advisory services. Arcadis partners with public- and private-sector clients to develop sustainable solutions for urbanization, resource scarcity, and climate change challenges.

Founded in 1888 with origins in Dutch waterway engineering, Arcadis has evolved into a multinational organization operating in more than 70 countries.

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