Breaking Finance News

Zacks Investment Research downgraded Ashland Global Holdings Inc. (NYSE:ASH) to Hold in a statement released earlier today.

Zacks Investment Research has downgraded Ashland Global Holdings Inc. (NYSE:ASH) to Hold in a report released on 7/06/2017.

Previously on 07/05/2017, Zacks Investment Research reported on Ashland Global Holdings Inc. (NYSE:ASH) increased the target price from $0.00 to $74.00. At the time, this indicated a possible upside of 0.12%.

Yesterday Ashland Global Holdings Inc. (NYSE:ASH) traded -0.41% lower at $65.50. The company’s 50-day moving average is $65.25 and its 200-day moving average is $62.33. The last closing price is up -2.42% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 1,331,040 shares of the stock traded hands, up from an average trading volume of 1,031,410

See Chart Below

Ashland Global Holdings Inc. (NYSE:ASH)

Ashland Global Holdings Inc. has a 52 week low of $59.80 and a 52 week high of $128.19 Ashland Global Holdings Inc.’s market capitalization is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 9 brokerages have issued a research note on the company. The average stock price target is $119.11 with 4 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Ashland Global Holdings Inc. (NYSE:ASH)

Ashland Global Holdings Inc, formerly Ashland LLC, is engaged in specialty chemicals, and through Valvoline, is a consumer-branded lubricant supplier. The Company operates in three segments: Ashland Specialty Ingredients (Specialty Ingredients), Ashland Performance Materials (Performance Materials) and Valvoline. Its Specialty Ingredients segment is engaged in providing cellulose ethers, vinyl pyrrolidones and biofunctionals, and consists of two divisions: Consumer Specialties and Industrial Specialties. Its Performance Materials segment is engaged in providing unsaturated polyester resins and vinyl ester resins, and consists of two divisions: Composites and Intermediates/Solvents. Its Valvoline segment is engaged in producing and distributing automotive, commercial and industrial lubricants, and automotive chemicals. Its chemistry is used in various markets and applications, including architectural coatings, adhesives, automotive, construction, energy and pharmaceutical.

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.