Northcoast Research set a $35.00 price target on Orion Engineered Carbons (NYSE:OEC) in a report published on Monday. The brokerage currently has a buy rating on the specialty chemicals company’s stock. Northcoast Research also issued estimates for Orion Engineered Carbons’ Q1 2018 earnings at $0.55 EPS, Q2 2018 earnings at $0.57 EPS, Q3 2018 earnings at $0.50 EPS, Q4 2018 earnings at $0.48 EPS, FY2018 earnings at $2.09 EPS and FY2019 earnings at $2.46 EPS.
Several other brokerages have also recently commented on OEC. UBS Group reissued a neutral rating and issued a $29.00 price target (up previously from $23.00) on shares of Orion Engineered Carbons in a research report on Friday, February 23rd. Zacks Investment Research cut shares of Orion Engineered Carbons from a hold rating to a sell rating in a research report on Thursday, November 9th. Jefferies Group started coverage on shares of Orion Engineered Carbons in a research report on Monday, January 22nd. They issued a buy rating for the company. JPMorgan Chase & Co. raised shares of Orion Engineered Carbons from a neutral rating to an overweight rating and set a $29.00 price target for the company in a research report on Monday, November 6th. Finally, KeyCorp reissued a buy rating and issued a $26.00 price target on shares of Orion Engineered Carbons in a research report on Friday, November 3rd. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Orion Engineered Carbons currently has a consensus rating of Buy and a consensus target price of $27.63.
Orion Engineered Carbons (NYSE OEC) opened at $27.55 on Monday. The company has a debt-to-equity ratio of 6.82, a current ratio of 1.83 and a quick ratio of 1.27. Orion Engineered Carbons has a 1 year low of $17.15 and a 1 year high of $30.25. The company has a market cap of $1,711.39, a P/E ratio of 22.04 and a beta of 0.69.
ILLEGAL ACTIVITY NOTICE: “Northcoast Research Analysts Give Orion Engineered Carbons (OEC) a $35.00 Price Target” was originally posted by Ticker Report and is owned by of Ticker Report. If you are accessing this piece on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3229830/northcoast-research-analysts-give-orion-engineered-carbons-oec-a-35-00-price-target.html.
Orion Engineered Carbons Company Profile
Orion Engineered Carbons SA is a producer of carbon black. The Company operates through two segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment is engaged in the production of specialty carbon black. The Rubber Carbon Black segment is involved in the production of rubber carbon black.
Receive News & Ratings for Orion Engineered Carbons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Engineered Carbons and related companies with MarketBeat.com's FREE daily email newsletter.