Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $7.6150, but opened at $7.01. Umicore shares last traded at $7.00, with a volume of 607 shares.
Analysts Set New Price Targets
UMICY has been the subject of a number of analyst reports. The Goldman Sachs Group raised shares of Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. Zacks Research raised shares of Umicore to a “hold” rating in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.
Read Our Latest Report on Umicore
Umicore Stock Down 2.8%
Umicore Company Profile
Umicore is a global materials technology and recycling company headquartered in Brussels, Belgium. The company specializes in the development and manufacture of advanced materials and catalysts that support clean mobility, energy storage and sustainable resource management. Its activities span the refining and recovery of precious metals, the production of emission control catalysts for the automotive industry, and the sourcing of materials for rechargeable batteries.
Umicore operates through three main business units: Catalysis, Energy & Surface Technologies, and Recycling.
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