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KeyBanc Cuts GCP Applied Technologies (GCP) Stock To a Sector Weight Rating

GCP Applied Technologies Inc. (NYSE:GCP) Logo

GCP Applied Technologies (GCP) Receives a Downgrade

In a research report revealed to clients on Thursday morning, KeyBanc decreased shares of GCP Applied Technologies (GCP) to a lower Sector Weight rating from the previous Overweight rating.

GCP Applied Technologies Inc. (NYSE:GCP) Ratings Coverage

Among 2 analysts covering GCP Applied Technologies (GCP), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. GCP Applied Technologies had 2 analyst reports since August 8, 2018 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, August 9 by KeyBanc Capital Markets. Monness Crespi & Hardt downgraded GCP Applied Technologies Inc. (NYSE:GCP) on Wednesday, August 8 to “Neutral” rating.

The stock decreased 3.78% or $1.09 during the last trading session, reaching $27.72. About 876,116 shares traded or 24.38% up from the average. GCP Applied Technologies Inc. (GCP) has declined 17.22% since November 9, 2017 and is downtrending. It has underperformed by 32.84% the S&P500.

GCP Applied Technologies Inc. produces and sells specialty construction chemicals, specialty building materials, and packaging sealants and coatings worldwide. The company has market cap of $2.00 billion. The Company’s Specialty Construction Chemicals segment offers concrete admixtures under the ADVA, STRUX, MIRA, POLARSET, ECLIPSE, DARACEM, DARASET, DCI, RECOVER, WRDA, and ZYLA brands; admixtures for decorative concrete under the PIERI brand; concrete production management system under the VERIFI brand; and cement additives under the CBA, SYNCHRO, HEA2, TDA, and ESE brands. It has a 3.7 P/E ratio. The companyÂ’s Specialty Building Materials segment provides building envelope products to protect structures from water, and manages air and vapor transmission through building walls under the BITUTHENE, PREPRUFE, ADPRUFE, HYDRODUCT, ADCOR, SILCOR, and PERM-A-BARRIER brands; and residential building products comprising roofing underlayments, flashings, and weather barriers under the ICE & WATER SHIELD, TRI-FLEX, and VYCOR brands.

More notable recent GCP Applied Technologies Inc. (NYSE:GCP) news were published by: which released: “GCP Applied Technologies Announces Release Date for Third Quarter 2018 Results” on October 15, 2018, also with their article: “GCP Applied Technologies Reports Third Quarter 2018 Results” published on November 06, 2018, published: “New Research Coverage Highlights Enbridge Energy Partners, GCP Applied Technologies, Gulfport Energy, Red …” on October 15, 2018. More interesting news about GCP Applied Technologies Inc. (NYSE:GCP) were released by: and their article: “KeyBanc Downgrades GCP Applied Technologies (GCP) to Sector Weight” published on November 08, 2018 as well as‘s news article titled: “GCP Applied Technologies Receives European Patent on Sustainable Cement Grinding Methods” with publication date: October 18, 2018.

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