Barclays analyst Duffy Fischer maintained a Buy rating on TRONOX Ltd (TROX) yesterday and set a price target of $15. The company’s shares closed yesterday at $12.10.
According to TipRanks.com, Fischer is a 4-star analyst with an average return of 14.1% and a 60.7% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Westlake Chemical Corp, and Axalta Coating Systems.
TRONOX Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $13.75, which is a 13.6% upside from current levels. In a report issued on February 27, Alembic Global also maintained a Buy rating on the stock with a $16 price target.
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The company has a one-year high of $21.04 and a one-year low of $6.46. Currently, TRONOX Ltd has an average volume of 1.25M.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TROX in relation to earlier this year.
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Tronox Ltd. engages in the manufacture of titanium dioxide pigment. It operates titanium-bearing mineral sand mines and accompanying beneficiation and smelting operations in Australia and South Africa to produce feedstock materials that can then be used in the manufacturing process for its titanium dioxide pigment products. It also offers zircon and pig iron.
