Royal Vopak (OTCMKTS:VOPKY) Rating Lowered to Neutral at Oddo Bhf

Royal Vopak (OTCMKTS:VOPKY) was downgraded by research analysts at Oddo Bhf from an “outperform” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

Several other equities research analysts have also issued reports on VOPKY. Credit Suisse Group reissued a “neutral” rating on shares of Royal Vopak in a research report on Thursday, April 22nd. Zacks Investment Research downgraded Royal Vopak from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 27th. Finally, Kepler Capital Markets upgraded Royal Vopak from a “reduce” rating to a “hold” rating in a research note on Monday, March 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $63.00.

VOPKY stock opened at $45.50 on Monday. The firm has a market cap of $5.72 billion, a P/E ratio of 14.49 and a beta of 0.40. Royal Vopak has a 12-month low of $44.73 and a 12-month high of $58.52. The stock’s 50 day simple moving average is $48.58 and its 200 day simple moving average is $51.14.

About Royal Vopak

Royal Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases and LNG, oil products, biofuels, and vegetable oils worldwide. It owns and operates specialized facilities, including tanks, jetties, truck loading stations, and pipelines. The company operates 70 terminals in Europe, Africa, Asia, the Middle East, China, North Asia, and the Americas with a storage capacity of 35.6 million cubic meters.

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