Alembic Global Reiterates a Buy Rating on OCI Partners

Alembic Global analyst Hassan Ahmed reiterated a Buy rating on OCI Partners (NYSE: OCIP) today and set a price target of $15. The company’s shares opened today at $9.90, equals to its 52-week high of $9.90.

According to TipRanks.com, Ahmed is a 4-star analyst with an average return of 9.9% and a 60.2% success rate. Ahmed covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Venator Materials Plc, and LyondellBasell.

OCI Partners has an analyst consensus of Moderate Buy, with a price target consensus of $15.

See today’s analyst top recommended stocks >>

OCI Partners’ market cap is currently $843.9M and has a P/E ratio of 34.64. The company has a Price to Book ratio of 6.01.

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.

OCI Partners LP engages in the production, marketing, and distribution of methanol and anhydrous ammonia. It also purchases hydrogen from third parties to supplement the production. The company was founded on February 7, 2013 and is headquartered in Nederland, TX.