Jefferies Reiterates Their Buy Rating on Pq Group Holdings Inc (PQG)


In a report issued on November 13, Laurence Alexander from Jefferies reiterated a Buy rating on Pq Group Holdings Inc (PQG), with a price target of $19. The company’s shares closed yesterday at $15.27.

According to TipRanks.com, Alexander is a 5-star analyst with an average return of 11.9% and a 60.6% success rate. Alexander covers the Consumer Goods sector, focusing on stocks such as Sociedad Quimica Y Minera SA, GCP Applied Technologies, and Axalta Coating Systems.

Currently, the analyst consensus on Pq Group Holdings Inc is a Moderate Buy with an average price target of $19, a 24.4% upside from current levels. In a report issued on November 8, KeyBanc also maintained a Buy rating on the stock with a $19 price target.

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Based on Pq Group Holdings Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $14.19 million. In comparison, last year the company had a GAAP net loss of $3.35 million.

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock.

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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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