Posted by admin on Aug 20th, 2022
Sika AG (OTC:SKFOF – Get Rating) shares fell 3.3% on Friday . The stock traded as low as 241.65 and last traded at 241.65. 100 shares were traded during trading, a decline of 93% from the average session volume of 1,351 shares. The stock had previously closed at 250.00.
Several brokerages recently weighed in on SKFOF. Baader Bank raised shares of Sika to a “buy” rating in a research report on Tuesday, July 5th. Societe Generale reduced their price target on shares of Sika from CHF 420 to CHF 300 in a research report on Wednesday, July 6th. Finally, Barclays reduced their price target on shares of Sika from CHF 360 to CHF 320 and set an “overweight” rating for the company in a research report on Wednesday, July 6th.
Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and automotive industry worldwide. It offers tile adhesives and grouts, and systems for under-tile waterproofing and sound reduction, as well as renders and decorative finishes for exterior and interior walls; and develops and markets various admixtures and additives for use in concrete, cement, and mortar production, as well as flat roofing systems.
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