Zacks Investment Research Downgrades KONINKLIJKE VOP/ADR (VOPKY) to Hold

KONINKLIJKE VOP/ADR (OTCMKTS:VOPKY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Wednesday.

According to Zacks, “Koninklijke Vopak NV is a tank terminal operator. The company is engaged in the storage and handling of oil products, liquid chemicals, gases, bio fuels and vegetable oils. It operates primarily in Netherlands, Europe, Middle East and Africa; Asia; Americas and Global LNG. Koninklijke Vopak NV is based in Rotterdam, Netherlands. “

Separately, ValuEngine cut KONINKLIJKE VOP/ADR from a “hold” rating to a “sell” rating in a research note on Saturday, August 18th.

VOPKY opened at $45.41 on Wednesday. The firm has a market capitalization of $5.79 billion, a P/E ratio of 17.88, a PEG ratio of 5.22 and a beta of 0.40. KONINKLIJKE VOP/ADR has a 52 week low of $39.79 and a 52 week high of $52.07.

About KONINKLIJKE VOP/ADR

Koninklijke Vopak N.V., an independent tank storage company, stores and handles oil products, chemicals, liquefied petroleum and natural gases, biofuels, and vegetable oils worldwide. It owns and operates specialized facilities, including product tanks, jetties, truck loading stations, and pipelines, as well as provides access to road and rail networks.

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