Solvay SA (OTCMKTS:SLVYY) Given Consensus Recommendation of “Reduce” by Analysts

Solvay SA (OTCMKTS:SLVYYGet Free Report) has received a consensus rating of “Reduce” from the six ratings firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company.

Separately, Deutsche Bank Aktiengesellschaft raised shares of Solvay from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th.

Check Out Our Latest Research Report on Solvay

Solvay Stock Performance

Shares of SLVYY stock opened at $3.00 on Friday. The company has a fifty day moving average price of $3.05 and a two-hundred day moving average price of $3.07. Solvay has a one year low of $2.77 and a one year high of $3.52.

About Solvay

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Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers.

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Analyst Recommendations for Solvay (OTCMKTS:SLVYY)

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