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Innospec (NASDAQ:IOSP) has been upgraded from Hold to Accumulate in a statement by Johnson Rice earlier today.

Having a price of $61.85, Innospec (NASDAQ:IOSP) traded 2.21% higher on the day. With the last close down -11.84% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. Innospec has recorded a 50-day average of $58.72 and a two hundred day average of $62.89. Volume of trade was down over the average, with 58,048 shares of IOSP changing hands under the typical 82,564

Johnson Rice has upgraded Innospec (NASDAQ:IOSP) from Hold to Accumulate in a statement released on 11/14/2017.

On Tuesday August 22, 2017, Monness released a statement on Innospec (NASDAQ:IOSP) upped the target price from $0.00 to $54.75 that suggested an upside of 0%.

Performance Chart

Innospec (NASDAQ:IOSP)

With a total market value of $0, Innospec has price-earnings ratio of 17.65 with a one year low of $54.10 and a one year high of $74.75 .

A total of 2 analysts have released a report on Innospec. One analyst rating the company a strong buy, zero analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $55.00.

More About Innospec (NASDAQ: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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