Sika’s (SXYAY) “Overweight” Rating Reaffirmed at Barclays


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Barclays reissued their overweight rating on shares of Sika (OTCMKTS:SXYAY) in a research note released on Wednesday morning, The Fly reports.

SXYAY has been the topic of a number of other research reports. Morgan Stanley reiterated an overweight rating on shares of Sika in a research report on Wednesday, January 6th. The Goldman Sachs Group reaffirmed a buy rating on shares of Sika in a research note on Thursday, October 15th. Main First Bank raised shares of Sika from a hold rating to a buy rating in a research report on Wednesday, September 23rd. Baader Bank raised shares of Sika from a reduce rating to a buy rating in a research report on Friday, December 18th. Finally, Berenberg Bank reaffirmed a buy rating on shares of Sika in a research report on Friday, October 30th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of Buy.

SXYAY stock opened at $28.96 on Wednesday. The company’s fifty day moving average price is $26.60 and its 200-day moving average price is $24.37. Sika has a one year low of $13.15 and a one year high of $29.15.

Sika Company Profile

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. The company offers tile adhesives and tile 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 external insulation finish 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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