PolyOne Corporation (NYSE:POL) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 2, 2016
Zacks Investment Research has downgraded PolyOne Corporation (NYSE:POL) to Sell in a statement released on Wednesday September 28, 2016.
Having a price of $33.51, PolyOne Corporation (NYSE:POL) traded 0.90% higher on the day. With the last stock price down -2.00% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. POL has recorded a 50-day average of $33.30 and a two hundred day average of $34.50. Trade Volume was up over the average, with 1,476,035 shares of POL changing hands over the typical 425,258
Recent Performance Chart
PolyOne Corporation has PE ratio of 21.33 with a one year low of $22.35 and a one year high of $38.41 and has a market capitalization of $0.
A total of 8 brokerages have issued a ratings update on PolyOne Corporation. Three brokerages rating the company a strong buy, four brokerages rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $41.00.
General Company Details For PolyOne Corporation (NYSE:POL)
PolyOne Corporation is a provider of polymer materials, services and solutions. The Company offers specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions, and polymer distribution. It operates in five segments: Color, Additives and Inks, which provide color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets; Specialty Engineered Materials, which provide specialty polymer formulations, services and solutions for designers, assemblers and processors of thermoplastic materials across a range of markets and end use applications; Designed Structures and Solutions, which provide solutions for engineered polymer structures, rigid barrier packaging and specialty cast acrylics; Performance Products and Solutions, which consist of the Geon Performance Materials and Producer Services business units, and PolyOne Distribution, which distributes over 3,500 grades of engineering and commodity grade resins.
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.