Zacks Investment Research downgraded Ashland LLC (NYSE:ASH) to Sell in a statement released earlier today.
- Updated: October 7, 2016
Zacks Investment Research has downgraded Ashland LLC (NYSE:ASH) to Sell in a statement released on 10/7/2016.
On 03/23/2016, Credit Suisse released a statement about Ashland LLC (NYSE:ASH) raised the target price from $5.50 to $6.00 that suggested a downside of -0.94%.
Displaying a price of $117.27, Ashland LLC (NYSE:ASH) traded -0.53% lower on the day. The last stock close price is up 2.07% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. ASH has recorded a 50-day average of $117.77 and a two hundred day average of $114.89. 781,906 shares of Ashland LLC exchanged hands, up from an average trading volume of 584,452
Ashland LLC has PE ratio of 39.13 with a one year low of $88.30 and a one year high of $125.00 and has a total market value of $0.
A total of 9 equity analysts have released a ratings update on ASH. 4 analysts rating the company a strong buy, five brokers rating the stock a buy, 2 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the company a sell with a one year target of $119.11.
General Company Details For Ashland LLC (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.
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