SunTrust Robinson Sticks to Their Hold Rating for Kronos Worldwide Inc (KRO)


SunTrust Robinson analyst James Sheehan reiterated a Hold rating on Kronos Worldwide Inc (NYSE: KRO) yesterday and set a price target of $23. The company’s shares closed yesterday at $22.22.

According to TipRanks.com, Sheehan is a 5-star analyst with an average return of 14.7% and a 72.8% success rate. Sheehan covers the Consumer Goods sector, focusing on stocks such as Venator Materials Plc, Nexeo Solutions Inc, and Chemours Company.

The word on The Street in general, suggests a Hold analyst consensus rating for Kronos Worldwide Inc with a $25.67 average price target.

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Based on Kronos Worldwide Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $77.7 million. In comparison, last year the company had a net profit of $197 million.

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Kronos Worldwide, Inc. engages in the production and market of value-added titanium dioxide pigments. The firm sells and provides technical services for its products to customers in Europe and North America. It offers its customers a portfolio of products that include TiO2 pigment grades under the Kronos trademark.

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