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Goldman Sachs announced W. R. Grace & Co (NYSE:GRA), boosting its stock price target to $83.00 earlier today

Reporting a potential upside of 0.20%, Goldman Sachs upped the price target of W. R. Grace & Co (NYSE:GRA) to $83.00

Yesterday W. R. Grace & Co (NYSE:GRA) traded 0.15% higher at $68.92. The company’s 50-day moving average is $72.03 and its 200-day moving average is $70.44. The last closing price is down 3.70% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 111,348 shares of the stock traded hands, down from an average trading volume of 579,120

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W. R. Grace & Co (NYSE:GRA)

W. R. Grace & Co has a 52 week low of $63.37 and a 52 week high of $74.63 with a P/E ratio of 35.56 The company’s market cap is currently $0.

In addition to Goldman Sachs reporting its stock price target, a total of 8 brokers have issued a research note on the company. The average stock price target is $81.00 with 2 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About W. R. Grace & Co (NYSE:GRA)

W. R. Grace & Co. (Grace) is engaged in the production and sale of specialty chemicals and specialty materials. The Company operates in two segments: Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment includes catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications. The Grace Materials Technologies segment includes specialty materials, including silica-based and silica-alumina-based materials, used in coatings, consumer, industrial, and pharmaceutical applications. It Grace Catalysts Technologies segment produces and sells catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications, including Fluid catalytic cracking catalysts (FCC), Hydroprocessing catalysts (HPC), and Polyolefin catalysts and catalyst supports.

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