Compagnie de Saint-Gobain (OTCMKTS:CODYY) Rating Increased to Hold at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Compagnie de Saint-Gobain (OTCMKTS:CODYY) to a hold rating in a research note published on Tuesday morning,Zacks.com reports.

A number of other brokerages also recently weighed in on CODYY. Sanford C. Bernstein raised shares of Compagnie de Saint-Gobain to a “hold” rating in a report on Tuesday, May 13th. Royal Bank Of Canada raised shares of Compagnie de Saint-Gobain to a “moderate buy” rating in a research note on Tuesday, May 13th. Finally, Berenberg Bank raised shares of Compagnie de Saint-Gobain from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 10th. Three research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Compagnie de Saint-Gobain Trading Down 0.8%

OTCMKTS CODYY opened at $21.91 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.35 and a quick ratio of 0.92. Compagnie de Saint-Gobain has a 12-month low of $15.44 and a 12-month high of $23.38. The firm has a 50-day moving average price of $21.89 and a two-hundred day moving average price of $20.14.

Compagnie de Saint-Gobain Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Monday, June 9th will be given a $0.3395 dividend. This is a boost from Compagnie de Saint-Gobain’s previous dividend of $0.33. This represents a yield of 1.51%. The ex-dividend date is Friday, June 6th.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Middle East (ME) & Africa; Americas; and Asia-Pacific.