Zacks Investment Research downgraded W. R. Grace & Co (NYSE:GRA) to Hold in a report released today.
- Updated: October 4, 2016
Zacks Investment Research has downgraded W. R. Grace & Co (NYSE:GRA) to Hold in a report released on 10/05/2016.
Just yesterday W. R. Grace & Co (NYSE:GRA) traded -1.14% lower at $72.80. W. R. Grace & Co’s 50-day moving average is $75.38 and its 200-day moving average is $75.60. The last stock price is down -4.80% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 410,969 shares of GRA traded hands, down from an average trading volume of 519,905
Recent Performance Chart
W. R. Grace & Co has 52 week low of $63.84 and a 52 week high of $101.99 with a PE ratio of 70.35 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokerages have issued a ratings update on the company. The average stock price target is $81.00 with 2 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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.
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