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DAY BY DAY Upgrades Sika AG - Depositary Receipt to Hold from Sell

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Fintel reports that on September 21, 2026, DAY BY DAY upgraded their outlook for Sika AG - Depositary Receipt (OTCPK:SXYAY) (DB:SIKB) from Sell to Hold. This upgrade follows a prior action on July 12, 2026, when DAY BY DAY maintained its Sell rating on the company.

On the same day, September 21, 2026, there were 2 rating actions in total, consisting of 1 upgrade and 1 maintained action. Specifically, BERENBERG maintained its Buy rating for Sika AG - Depositary Receipt, which is also recorded as the most recent rating action from BERENBERG on that date.

Separately, aggregate consensus price target data shows a current consensus target mean of $22.45 and a current consensus target median of $22.29 as of June 8, 2026. This represents a consensus target revision percent of -65.60% from the prior consensus target mean of $65.26 recorded on February 24, 2026.

As of the current recommendation period on September 1, 2026, the aggregate recommendation breakdown consists of 7 strong buy, 12 buy, 10 hold, 0 sell, and 0 strong sell recommendations, totaling 29 recommendations. This results in a current recommendation positive percent of 65.5%, a current recommendation hold percent of 34.5%, and a current recommendation negative percent of 0.0%. In comparison, during the prior recommendation period on August 1, 2026, the total recommendations stood at 29, consisting of 7 strong buy, 12 buy, 9 hold, 1 sell, and 0 strong sell recommendations, representing a prior recommendation positive percent of 65.5%, a prior recommendation hold percent of 31.0%, and a prior recommendation negative percent of 3.4%.

Sika AG is a Switzerland-based company that operates in the specialty chemicals industry. The company specializes in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry. Sika AG has a global presence with operations in over 100 countries and is best known for its innovations in waterproofing, concrete admixtures, and sealing solutions.

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This story originally appeared on Fintel.