Sika AG (OTCMKTS:SXYAY) Receives Consensus Recommendation of “Buy” from Analysts


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Sika AG (OTCMKTS:SXYAY) has received a consensus recommendation of “Buy” from the eleven brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company.

Several research firms have weighed in on SXYAY. Barclays restated an “overweight” rating on shares of Sika in a research note on Wednesday, April 21st. UBS Group restated a “neutral” rating on shares of Sika in a research note on Tuesday, April 27th. Berenberg Bank restated a “buy” rating on shares of Sika in a research note on Thursday, January 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Sika in a research note on Wednesday, April 21st. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Sika in a report on Monday, February 22nd.

Shares of SXYAY stock traded down $0.36 during trading on Tuesday, hitting $29.74. The company had a trading volume of 55,299 shares, compared to its average volume of 62,465. The stock’s 50-day moving average price is $29.23 and its 200 day moving average price is $27.42. Sika has a one year low of $16.31 and a one year high of $30.69.

About Sika

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. It offers tile adhesives and grouts, and systems for under-tile waterproofing and sound reduction, as well as products for exterior and interior walls, such as wall-levelling products, decorative finish renders, and facade systems; and develops and markets various admixtures and additives for use in concrete, cement, and mortar production, as well as single-ply and built-up flat roofing systems.

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Analyst Recommendations for Sika (OTCMKTS:SXYAY)

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