Olin Corporation (NYSE:OLN) target price raised to $31.00, reported today by Zacks Investment Research
- Updated: January 11, 2017
Olin Corporation (NYSE:OLN) had its stock price target increased to $31.00 by Zacks Investment Research in an issued report issued 1/12/2017. The upped price target implies a potential upside of 0.13% based on the company's previous stock price.
Boasting a price of $27.35, Olin Corporation (NYSE:OLN) traded -1.16% lower on the day. With the last stock price close up 19.72% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.05% over the date range. Olin Corporation has recorded a 50-day average of $26.07 and a two hundred day average of $22.85. Volume of trade was up over the average, with 2,653,264 shares of OLN changing hands over the typical 2,281,980
With a total market value of $0, Olin Corporation has with a one year low of $12.29 and a one year high of $27.98 .
A total of 8 equity analysts have released a ratings update on OLN. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $25.25.
Brief Synopsis 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.
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