Alembic Global analyst Hassan Ahmed maintained a Buy rating on Trinseo (NYSE: TSE) today and set a price target of $90. The company’s shares opened today at $73.30.
According to TipRanks.com, Ahmed is a 4-star analyst with an average return of 10.5% and a 58.8% success rate. Ahmed covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Venator Materials Plc, and LyondellBasell.
Trinseo has an analyst consensus of Moderate Buy, with a price target consensus of $87.50.
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Trinseo’s market cap is currently $3.17B and has a P/E ratio of 9.62. The company has a Price to Book ratio of 4.19.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, David Phillip Stasse, the VP, Treasury & Investor Relations of TSE sold 6,613 shares for a total of $507,283.
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.
Trinseo SA engages in the manufacture and marketing of plastics, latex binders, and synthetic rubber. It operates through the Performance Materials and Basic Plastics & Feedstocks divisions. The Performance Materials division includes latex, synthetic rubber, and performance plastics segments.
