Olin Corporation (NYSE:OLN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Zacks Investment Research has upgraded Olin Corporation(NYSE:OLN) to Hold in a report released on Thursday August 18 2016.
On 7/29/2016, Cowen released a statement for Olin Corporation(NYSE:OLN) lowered the target price from $31.00 to $29.00. At the time, this suggested an upside of 0.39%.
Boasting a price of $21.39, Olin Corporation (NYSE:OLN) traded 2.00% lower on the day. The last stock price is up 10.78% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. OLN has recorded a 50-day average of $20.93 and 200-day moving average of $20.89. 2,135,417 shares of the stock exchanged hands, down from ann avg. trading volume of 2,761,220
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With a total market value of $0.0, Olin Corporation has a 52 week low of $12.29 and a one-year high of $26.46 with a PE ratio of 0.
A total of 8 equity analysts have issued a research note on Olin Corporation. Two analysts rate the stock a strong buy, four analysts rate the stock a buy, four firms rate the stock a hold, 0 rate the stock to underperform, and finally 0 analystsrate the stock as sell with a one year target stock price of $25.25
General Company Details For 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 and industrial cartridges.
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