Trinseo (TSE) – Analysts’ Recent Ratings Changes

Trinseo (NYSE: TSE) has recently received a number of price target changes and ratings updates:

  • 9/5/2017 – Trinseo had its “buy” rating reaffirmed by analysts at Alembic Global Advisors.
  • 9/1/2017 – Trinseo was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 8/29/2017 – Trinseo had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $82.00 price target on the stock.
  • 8/24/2017 – Trinseo was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 8/14/2017 – Trinseo was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 8/12/2017 – Trinseo was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/9/2017 – Trinseo had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $74.00 price target on the stock, up previously from $72.00.
  • 8/8/2017 – Trinseo was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Trinseo S.A. is a global materials company and manufacturer of plastics, latex and rubber. The Company’s technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Its major products include styrene-butadiene latex, styrene-acrylate latex, solution styrene-butadiene rubber, lithium polybutadiene rubber, emulsion styrene-butadiene rubber, nickel polybutadiene rubber, polystyrene, expandable polystyrene, acrylonitrile-butadiene-styrene, styrene-acrylonitrile, ignition resistant polystyrene, polycarbonate resins, compounds and blends, and polypropylene compounds. Trinseo S.A. is based in Berwyn, Pennsylvania. “
  • 8/7/2017 – Trinseo had its price target lowered by analysts at Citigroup Inc. from $70.00 to $68.00. They now have a “neutral” rating on the stock.
  • 8/4/2017 – Trinseo had its price target lowered by analysts at Barclays PLC from $75.00 to $73.00. They now have an “equal weight” rating on the stock.
  • 7/31/2017 – Trinseo was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/25/2017 – Trinseo was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/21/2017 – Trinseo was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $82.00 price target on the stock. According to Zacks, “Trinseo S.A. is a global materials company and manufacturer of plastics, latex and rubber. The Company’s technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Its major products include styrene-butadiene latex, styrene-acrylate latex, solution styrene-butadiene rubber, lithium polybutadiene rubber, emulsion styrene-butadiene rubber, nickel polybutadiene rubber, polystyrene, expandable polystyrene, acrylonitrile-butadiene-styrene, styrene-acrylonitrile, ignition resistant polystyrene, polycarbonate resins, compounds and blends, and polypropylene compounds. Trinseo S.A. is based in Berwyn, Pennsylvania. “

Trinseo S.A. (TSE) opened at 67.30 on Wednesday. The company has a market cap of $2.95 billion, a P/E ratio of 9.53 and a beta of 2.39. The firm has a 50-day moving average price of $64.86 and a 200 day moving average price of $66.38. Trinseo S.A. has a 12 month low of $44.70 and a 12 month high of $72.60.

Trinseo (NYSE:TSE) last posted its earnings results on Wednesday, August 2nd. The basic materials company reported $1.39 EPS for the quarter, missing the Zacks’ consensus estimate of $1.80 by ($0.41). Trinseo had a net margin of 7.88% and a return on equity of 67.05%. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the firm earned $2.30 EPS. Trinseo’s revenue for the quarter was up 18.0% compared to the same quarter last year. Equities research analysts predict that Trinseo S.A. will post $6.61 EPS for the current year.

In other news, insider Christopher D. Pappas sold 25,000 shares of Trinseo stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $71.04, for a total value of $1,776,000.00. Following the completion of the sale, the insider now directly owns 265,240 shares of the company’s stock, valued at $18,842,649.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Timothy M. Stedman sold 5,399 shares of Trinseo stock in a transaction on Friday, September 1st. The shares were sold at an average price of $67.38, for a total value of $363,784.62. Following the completion of the sale, the insider now directly owns 18,298 shares of the company’s stock, valued at $1,232,919.24. The disclosure for this sale can be found here. Insiders sold 85,399 shares of company stock worth $5,914,585 in the last 90 days. Company insiders own 0.65% of the company’s stock.

Trinseo SA is a materials company engaged in the manufacture and marketing of synthetic rubber, latex and plastics. The Company’s segments include Latex Binders, Synthetic Rubber, Performance Plastics, Basic Plastics, Feedstocks and Americas Styrenics. The Latex Binders segment produces styrene-butadiene latex (SB latex) and other latex polymers and binders.

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