Trinseo (TSE) Gets a Hold Rating from Barclays
In a report released yesterday, Duffy Fischer from Barclays maintained a Hold rating on Trinseo (NYSE: TSE), with a price target of $71. The company’s shares opened today at $59.99, close to its 52-week low of $58.26.
According to TipRanks.com, Fischer is a 4-star analyst with an average return of 16.7% and a 58.9% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Venator Materials Plc.
Trinseo has an analyst consensus of Moderate Buy, with a price target consensus of $90.
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The company has a one-year high of $85.35 and a one-year low of $58.26. Currently, Trinseo has an average volume of 280.8K.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock.
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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.