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National Bank Financial disclosed Stepan Co (NYSE:SCL), hiking its price target to $35.00 earlier today

Reporting a possible downside of -0.60%, National Bank Financial upped the price target of Stepan Co (NYSE:SCL) to $35.00

Previously on 09/22/2017, TD Securities reported about Stepan Co (NYSE:SCL) raised the target price from $0.00 to $33.00. At the time, this indicated a possible downside of -0.60%.

Yesterday Stepan Co (NYSE:SCL) traded 0.10% higher at $87.44. The company’s 50-day moving average is $81.26 and its 200-day moving average is $83.16. The last stock close price is up 5.51% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 62,183 shares of the stock were exchanged, down from an average trading volume of 78,605

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Stepan Co (NYSE:SCL)

Stepan Co has a 52 week low of $67.85 and a 52 week high of $92.97 with a P/E ratio of 22.84 The company’s market cap is currently $0.

In addition to National Bank Financial reporting its target price, a total of 2 firms have issued a report on the stock. The consensus target price is $61.50 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Stepan Co (NYSE:SCL)

Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a range of end products. The Company operates through three segments: Surfactants, Polymers and Specialty Products. The Company's principal markets include manufacturers of cleaning and washing compounds (including detergents, shampoos, fabric softeners, toothpastes and household cleaners), paints, cosmetics, food, beverages, nutritional supplements, agricultural products and plastics. Its Surfactants segment offers products, which are principal ingredients in consumer and industrial cleaning products, such as detergents for washing clothes, dishes, carpets, floors and walls, as well as shampoos and body washes. Its Polymers segment includes polyurethane polyols, polyester resins and phthalic anhydride. Its Specialty Products segment includes flavors, emulsifiers and solubilizers used in food, flavoring, nutritional supplement and pharmaceutical applications.

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