AdvanSix Inc (ASIX) Receives a Buy from Cowen & Co.


In a report released today, Charles Neivert from Cowen & Co. reiterated a Buy rating on AdvanSix Inc (NYSE: ASIX), with a price target of $40. The company’s shares opened today at $34.56.

According to TipRanks.com, Neivert is a 5-star analyst with an average return of 14.3% and a 68.9% success rate. Neivert covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, LyondellBasell, and CF Industries.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AdvanSix Inc with a $40 average price target.

See today’s analyst top recommended stocks >>

Based on AdvanSix Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $28.41 million. In comparison, last year the company had a net profit of $25.77 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Advansix, Inc. engages in the development and production of specialized nylon resin products and other additives. Its products include nylon resin, caprolactam, ammonium sulfate, and other chemical intermediates.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts