UMICORE GRP/ADR (OTCMKTS:UMICY) Receives Average Rating of “Hold” from Analysts

UMICORE GRP/ADR (OTCMKTS:UMICY) has been assigned a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company.

A number of equities analysts have commented on the stock. Barclays reiterated an “underweight” rating on shares of UMICORE GRP/ADR in a report on Monday, July 6th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of UMICORE GRP/ADR in a report on Wednesday, June 17th. Morgan Stanley reiterated an “underweight” rating on shares of UMICORE GRP/ADR in a report on Tuesday, July 14th. ING Group downgraded shares of UMICORE GRP/ADR from a “buy” rating to a “hold” rating in a report on Friday, May 8th. Finally, Deutsche Bank reiterated a “hold” rating on shares of UMICORE GRP/ADR in a report on Tuesday, June 16th.

Shares of UMICORE GRP/ADR stock opened at $11.65 on Tuesday. The company has a 50-day simple moving average of $12.29 and a two-hundred day simple moving average of $11.10. UMICORE GRP/ADR has a one year low of $7.18 and a one year high of $13.45.

About UMICORE GRP/ADR

Umicore SA operates as a materials technology and recycling company worldwide. Its Catalysis segment produces automotive catalysts for gasoline and diesel light and heavy duty diesel applications; stationary catalysis for industrial emissions control; and precious metals-based compounds and catalysts for pharmaceutical and fine chemicals industries.

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Analyst Recommendations for UMICORE GRP/ADR (OTCMKTS:UMICY)

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