BMO Capital Believes Pq Group Holdings Inc (PQG) Still Has Room to Grow


BMO Capital analyst John McNulty reiterated a Buy rating on Pq Group Holdings Inc (NYSE: PQG) yesterday and set a price target of $22. The company’s shares closed yesterday at $17.88, close to its 52-week high of $18.69.

According to TipRanks.com, McNulty is a 4-star analyst with an average return of 9.4% and a 69.9% success rate. McNulty covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Westlake Chemical Corp, and Venator Materials Plc.

Pq Group Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $21.50.

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Based on Pq Group Holdings Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $214K. In comparison, last year the company had a GAAP net loss of $1.61 million.

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PQ Group Holdings, Inc. is a provider of catalysts, specialty materials and chemicals, and services that enable environmental improvements, enhance consumer products, and increase personal safety. Its products and solutions help companies produce vehicles with fuel efficiency and cleaner emissions.

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