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

Shares of Solvay SA (OTCMKTS:SLVYY) have been assigned a consensus rating of “Reduce” from the six ratings firms that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating and three have issued a hold rating on the company.

Several equities research analysts have commented on SLVYY shares. Oddo Bhf lowered shares of Solvay to a “neutral” rating in a report on Tuesday, February 17th. Barclays reaffirmed an “underweight” rating on shares of Solvay in a report on Wednesday, February 25th. Finally, Sanford C. Bernstein lowered shares of Solvay to a “market perform” rating in a report on Thursday, January 8th.

Solvay Stock Up 0.1%

OTCMKTS:SLVYY opened at $3.22 on Friday. Solvay has a one year low of $2.77 and a one year high of $3.85. The firm’s fifty day moving average is $3.07 and its two-hundred day moving average is $3.10.

About Solvay

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.