Glanbia Plc ADR (GLAPY) Lifted to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Glanbia Plc ADR (OTC:GLAPY) from a sell rating to a hold rating in a report released on Tuesday.

According to Zacks, “Glanbia Plc engages in the manufacture and distribution of dairy and nutritional food products. Its operating segments include Glanbia Performance Nutrition, Global Ingredients, Dairy Ireland and Joint Ventures and Associates. Glanbia Performance Nutrition segment comprises of performance nutrition products under the Optimum Nutrition, BSN, Isopure, Nutramino and ABB brands. Global Ingredients segment includes American-style cheddar cheese, micro-nutrient premixes and dairy and non-dairy nutritional solutions. Dairy Ireland segment consists of consumer products and agribusiness. Joint Ventures and Associates segment covers Glanbia Ingredients Ireland, Glanbia Cheese and Southwest Cheese. Glanbia Plc is headquartered in Kilkenny, Ireland. “

Shares of Glanbia Plc ADR (OTC GLAPY) opened at 94.70 on Tuesday. Glanbia Plc ADR has a 1-year low of $80.15 and a 1-year high of $101.75. The firm has a market cap of $5.59 billion and a price-to-earnings ratio of 21.50. The company’s 50-day moving average is $96.81 and its 200 day moving average is $99.25.

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About Glanbia Plc ADR

Glanbia plc is a global nutrition company. The Company operates through two segments: Glanbia Performance Nutrition and Glanbia Nutritionals. The Company’s Glanbia Performance Nutrition segment includes performance nutrition products. Its products are sold through a range of channels, including specialty retail, the Internet and gyms in a range of formats, including powders, bars and ready-to-drink beverages.

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