Olin Corporation (NYSE:OLN) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 15, 2016
Zacks Investment Research has downgraded Olin Corporation (NYSE:OLN) to Hold in a statement released on 10/13/2016.
On 10/5/2016, Zacks Investment Research released a statement on Olin Corporation (NYSE:OLN) bumped up the target price from $0.00 to $23.00 that suggested an upside of 0.14%.
Boasting a price of $20.34, Olin Corporation (NYSE:OLN) traded -0.10% lower on the day. With the last close down -5.77% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Olin Corporation has recorded a 50-day average of $20.11 and a two hundred day average of $21.37. Volume of trade was down over the average, with 1,285,535 shares of OLN changing hands under the typical 2,456,570
With a total market value of $0, Olin Corporation has with a one year low of $12.29 and a one year high of $26.46 .
A total of 8 analysts have released a research note on OLN. Two analysts rating the company a strong buy, four analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $25.25.
More About Olin Corporation (NYSE:OLN)
Olin Corporation is a manufacturer and distributor of chemical products, and ammunition. The Company operates through three segments: Chlor Alkali Products and Vinyls, Epoxy and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrogen, bleach products and potassium hydroxide. The Epoxy segment produces and sells a range of epoxy materials, including allyl chloride, epichlorohydrin, liquid epoxy resins and downstream products, such as converted epoxy resins and additives. The Epoxy segment serves an array of applications, including wind energy, electrical laminates and consumer goods. The Winchester segment produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.