How Many Orion Engineered Carbons, S.A. (NYSE:OEC)’s Analysts Are Bullish?

January 17, 2018 - By Ellis Scott

 How Many Orion Engineered Carbons, S.A. (NYSE:OEC)'s Analysts Are Bullish?

Orion Engineered Carbons, S.A. (NYSE:OEC) Ratings Coverage

Among 9 analysts covering Orion Engineered Carbons (NYSE:OEC), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Orion Engineered Carbons had 19 analyst reports since August 10, 2015 according to SRatingsIntel. The company was upgraded on Friday, July 14 by Goldman Sachs. JP Morgan downgraded it to “Neutral” rating and $23 target in Monday, August 7 report. The company was maintained on Monday, March 7 by Macquarie Research. UBS downgraded the shares of OEC in report on Friday, October 30 to “Neutral” rating. The company was maintained on Friday, November 3 by UBS. The stock of Orion Engineered Carbons, S.A. (NYSE:OEC) earned “Equal-Weight” rating by Barclays Capital on Tuesday, December 29. On Monday, August 7 the stock rating was downgraded by J.P. Morgan to “Hold”. J.P. Morgan upgraded the stock to “Buy” rating in Monday, November 6 report. On Friday, November 3 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock has “Overweight” rating by JP Morgan on Monday, August 15. Below is a list of Orion Engineered Carbons, S.A. (NYSE:OEC) latest ratings and price target changes.

07/11/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $23 New Target: $25 Maintain
06/11/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Old Target: $23 Upgrade
06/11/2017 Broker: J.P. Morgan Rating: Buy New Target: $29.0 Upgrade
03/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $26.0 Maintain
03/11/2017 Broker: UBS Rating: Neutral Old Target: $21 New Target: $23 Maintain
16/10/2017 Broker: KeyBanc Capital Markets Rating: Buy Old Target: $24 New Target: $25 Maintain
07/08/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral New Target: $23 Downgrade
07/08/2017 Broker: J.P. Morgan Rating: Hold New Target: $23.0000 Downgrade

The stock increased 2.48% or $0.675 during the last trading session, reaching $27.925. About 432,740 shares traded. Orion Engineered Carbons, S.A. (NYSE:OEC) has risen 24.57% since January 17, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, South Africa, the rest of Europe, and internationally. The company has market cap of $1.66 billion. It operates through two divisions, Specialty Carbon Black and Rubber Carbon Black. It has a 21.65 P/E ratio. The firm offers post-treated specialty carbon black grades for coatings and printing applications; and various conductive carbon black grades for use in polymer and printing applications, as well as in silicon, non-woven textile, building material, battery electrodes metallurgical, agrochemical, and carbon brush applications.

More notable recent Orion Engineered Carbons, S.A. (NYSE:OEC) news were published by: Prnewswire.com which released: “This Morning’s Research Reports on Specialty Chemicals Stocks — Orion …” on January 16, 2018, also Seekingalpha.com with their article: “Orion Engineered Carbons’ (OEC) CEO Jack Clem on Q2 2017 Results – Earnings …” published on August 04, 2017, Seekingalpha.com published: “Orion Engineered Carbons’ (OEC) CEO Jack Clem on Q3 2017 Results – Earnings …” on November 03, 2017. More interesting news about Orion Engineered Carbons, S.A. (NYSE:OEC) were released by: Nasdaq.com and their article: “Orion Engineered Carbons SA (OEC) Ex-Dividend Date Scheduled for December 21, 2017” published on December 20, 2017 as well as Nasdaq.com‘s news article titled: “Orion Engineered Carbons SA (OEC) Ex-Dividend Date Scheduled for September 19 …” with publication date: September 18, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.