Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $4.8005, but opened at $5.07. Umicore shares last traded at $5.0750, with a volume of 6,512 shares traded.
Analysts Set New Price Targets
Separately, Jefferies Financial Group upgraded shares of Umicore to a “strong-buy” rating in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.
View Our Latest Research Report on Umicore
Umicore Stock Up 0.1%
About Umicore
Umicore SA operates as a materials technology and recycling company in Belgium, rest of Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment provides automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications, including on-road and non-road vehicles; stationary catalysis for industrial emissions control; and produces precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications.
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