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Innospec Inc (NDAQ:IOSP) has been upgraded from Hold to Accumulate in a report by Johnson Rice today.

Only yesterday Innospec Inc (NDAQ:IOSP) traded 2.21% higher at $67.78. Innospec Inc’s 50-day average is $58.72 and its two hundred day average is $62.89. With the last stock price close up -11.84% relative to the two hundred day average, compared with the S&P 500 which has increased 0.02% over the same time period. 58,048 shares of the stock were exchanged, down from an avg. volume of 82,564

Johnson Rice has upgraded Innospec Inc (NDAQ:IOSP) from Hold to Accumulate in a statement released on Tuesday November 14, 2017.

On Thursday November 09, 2017, KeyBanc Capital Markets released a statement for Innospec Inc (NDAQ:IOSP) raised the target price from $0.00 to $7.00. At the time, this indicated a possible downside of -0.90%.

Recent Performance Chart

Innospec Inc (NDAQ:IOSP)

Innospec Inc has a one year low of $54.10 and a one year high of $74.75 with a price-earnings ratio of 17.65 The company’s market cap is currently $0.

Also covering Innospec Inc's target, a total of 2 equity analysts have released a research note on IOSP. The 12-month price target is $55.00 with one analyst rating the company a strong buy, zero equity analysts rating the company a buy, three brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Company Details For Innospec Inc (NDAQ:IOSP)

Innospec Inc. is a specialty chemicals company engaged in developing, manufacturing, blending, marketing and supplying of specialty chemicals for use as fuel additives and ingredients for personal care, home care, agrochemical, mining and other applications and oilfield chemicals. The Company operates through four business segments: Fuel Specialties, Performance Chemicals, Oilfield Services and Octane Additives. Its Fuel Specialties develops, manufactures, blends, markets and supplies various specialty chemical products that are used as additives for a range of fuels. Its Performance Chemicals provides technology-based solutions. Its Oilfield Services business supplies drilling, completion and production chemicals. Its Octane Additives business manufactures a fuel additive for use in automotive gasoline and provides services in respect of environmental remediation. Its customers include oil and gas exploration and production companies, fuel users, and oil refiners among others.

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