Koninklijke DSM (OTCMKTS:RDSMY) Stock Rating Reaffirmed by Morgan Stanley

Morgan Stanley restated their equal weight rating on shares of Koninklijke DSM (OTCMKTS:RDSMY) in a research note released on Wednesday, The Fly reports.

RDSMY has been the subject of several other reports. Credit Suisse Group reissued a neutral rating on shares of Koninklijke DSM in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating on shares of Koninklijke DSM in a report on Thursday, October 1st. UBS Group reaffirmed a buy rating on shares of Koninklijke DSM in a report on Wednesday, July 8th. Zacks Investment Research cut Koninklijke DSM from a hold rating to a sell rating in a report on Wednesday, October 7th. Finally, Main First Bank raised Koninklijke DSM from a hold rating to a buy rating in a report on Friday, July 24th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Koninklijke DSM currently has an average rating of Hold and an average price target of $45.00.

OTCMKTS:RDSMY opened at $42.90 on Wednesday. The stock has a market cap of $31.13 billion, a P/E ratio of 43.78, a PEG ratio of 2.58 and a beta of 1.02. The stock has a 50 day simple moving average of $40.84 and a 200 day simple moving average of $35.41. The company has a current ratio of 2.09, a quick ratio of 1.30 and a debt-to-equity ratio of 0.32. Koninklijke DSM has a 1-year low of $22.86 and a 1-year high of $43.43.

Koninklijke DSM (OTCMKTS:RDSMY) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.29 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.02). The firm had revenue of $2.46 billion for the quarter. Koninklijke DSM had a return on equity of 10.20% and a net margin of 6.97%. As a group, sell-side analysts forecast that Koninklijke DSM will post 1.32 EPS for the current year.

About Koninklijke DSM

Koninklijke DSM N.V., a science-based company, engages in nutrition, health, and sustainable living businesses in the Netherlands, rest of Europe, North America, Latin America, China, India, Japan, rest of Asia, and internationally. It operates through Nutrition, Materials, and Innovation Center segments.

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