Koninklijke DSM (OTCMKTS:RDSMY) Lifted to “Market Perform” at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Koninklijke DSM (OTCMKTS:RDSMY) from an underperform rating to a market perform rating in a research note issued to investors on Wednesday, The Fly reports.

Several other brokerages have also weighed in on RDSMY. Credit Suisse Group reaffirmed an outperform rating on shares of Koninklijke DSM in a research report on Thursday, September 30th. Zacks Investment Research upgraded Koninklijke DSM from a sell rating to a hold rating in a research note on Thursday, November 18th. Barclays raised their target price on shares of Koninklijke DSM from €189.00 ($214.77) to €195.00 ($221.59) and gave the stock an overweight rating in a report on Tuesday, October 12th. Citigroup reaffirmed a buy rating on shares of Koninklijke DSM in a report on Friday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a buy rating on shares of Koninklijke DSM in a report on Thursday, September 16th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of Buy and a consensus target price of $195.00.

Shares of OTCMKTS RDSMY opened at $50.73 on Wednesday. The company has a market cap of $36.82 billion, a PE ratio of 61.87, a price-to-earnings-growth ratio of 2.11 and a beta of 0.83. Koninklijke DSM has a 12 month low of $41.26 and a 12 month high of $56.92. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.50 and a quick ratio of 1.60. The company has a 50-day simple moving average of $54.83 and a 200-day simple moving average of $52.78.

About Koninklijke DSM

Koninklijke DSM NV engages in the manufacturing and sale of nutritional and pharmaceutical ingredients, and industrial chemicals. It operates through the following segments: Nutrition, Materials, and Innovation Center. The Nutrition segment comprises of the DSM Nutritional Products and DSM Food Specialties business groups.

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