Breaking Finance News

Jefferies & Co downgraded W. R. Grace & Co (NYSE:GRA) from Buy to Hold in a statement released earlier today.

Jefferies & Co has downgraded W. R. Grace & Co (NYSE:GRA) from Buy to Hold in a report released on 11/30/2016.

Previously on Tuesday February 16, 2016, Goldman Sachs reported on W. R. Grace & Co (NYSE:GRA) reduced the target price from $84.00 to $77.00. At the time, this indicated a possible upside of 0.13%.

Just yesterday W. R. Grace & Co (NYSE:GRA) traded 0.92% higher at $65.35. W. R. Grace & Co’s 50-day moving average is $68.51 and its 200-day moving average is $73.84. The last closing price is down -9.25% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,110,544 shares of GRA traded hands, up from an average trading volume of 559,945

Recent Performance Chart

W. R. Grace & Co (NYSE:GRA)

W. R. Grace & Co has one year low of $63.84 and a one year high of $101.17 with a price-earnings ratio of 47.66 and has a total market value of $0.

A total of 8 firms have reported on the stock. 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $81.00.

Brief Synopsis About W. R. Grace & Co (NYSE:GRA)

W.R. Grace & Co. (Grace) is engaged in the production and sale of specialty chemicals and specialty materials. The Company operates in three segments: Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products. Its Grace Catalysts Technologies segment produces and sells catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications, including Fluid catalytic cracking catalysts, Hydroprocessing catalysts, and Polyolefin catalysts and catalyst supports. Its Grace Materials Technologies segment produces and sells specialty materials, coatings and sealants and related products used in coatings, consumer, industrial, pharmaceutical, and packaging applications, including engineered materials and packaging products. Its Grace Construction Products segment produces and sells construction chemicals and building materials, such as Specialty construction chemicals and Specialty building materials.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *