KONINKLIJKE VOP/ADR (OTCMKTS:VOPKY) Rating Increased to Buy at Zacks Investment Research

KONINKLIJKE VOP/ADR (OTCMKTS:VOPKY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Friday, Zacks.com reports. The firm presently has a $62.00 price target on the stock. Zacks Investment Research‘s target price would indicate a potential upside of 11.21% from the stock’s current price.

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. “

Several other equities analysts also recently commented on VOPKY. ValuEngine raised KONINKLIJKE VOP/ADR from a “strong sell” rating to a “sell” rating in a research report on Friday, January 3rd. Jefferies Financial Group raised KONINKLIJKE VOP/ADR from a “hold” rating to a “buy” rating in a report on Friday, September 20th.

Shares of OTCMKTS:VOPKY traded down $0.01 during trading on Friday, reaching $55.75. 1,555 shares of the stock were exchanged, compared to its average volume of 1,188. KONINKLIJKE VOP/ADR has a 12 month low of $40.29 and a 12 month high of $57.64. The firm has a market cap of $7.13 billion, a PE ratio of 20.80 and a beta of 0.57. The stock has a 50-day moving average price of $54.17 and a 200-day moving average price of $51.54.

KONINKLIJKE VOP/ADR Company Profile

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases, oil products, 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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