Impact of Brokerage Rating on Olin Corporation(OLN)

Many Olin Corporation(OLN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Cowen on Feb 10, 2017 to Outperform, Raises Price Target to $ 37 from a previous price target of $32 .Olin Corporation was Upgraded by Longbow to Neutral on Feb 2, 2017. Olin Corporation was Downgraded by Monness Crespi & Hardt to Neutral on Feb 2, 2017.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, C Robert Bunch (director) sold 10,000 shares at 29.65 per share price.On Feb 8, 2017, John L Mcintosh (EVP, Synergies & Systems) sold 1,250 shares at 30.36 per share price.On Feb 8, 2017, George H Pain (SVP, Gen. Counsel & Secretary) sold 60,000 shares at 30.35 per share price.

Olin Corporation Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $0.10. The company had revenue of $1385.70 million for the quarter, compared to analysts expectations of $1361.15 million. The companys revenue was down -4.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.37 EPS.

Olin Corporation (NYSE:OLN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.5 by 4 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.

Olin Corporation (NYSE:OLN): According to 3 Analysts, The short term target price has been estimated at $ 30.33.The target price could deviate by a maximum of $6.51 from the forecast price. In the near term, the target price could hit a high of $37 and a low of $ 24.

Olin Corporation (NYSE:OLN) rose 0.07% or 0.02 points on Tuesday and made its way into the gainers of the day. After trading began at $29.71 the stock was seen hitting $30.2 as a peak level and $29.38 as the lowest level. The stock ended up at $29.95. The daily volume was measured at 1,722,805 shares. The 52-week high of the share price is $30.87 and the 52-week low is $13.02. The company has a market cap of $4,954 million.

Olin Corporation is a manufacturer concentrated in chemicals, metals and ammunition. The chemicals segment is divided into divisions: Chlor-Alkali, Chemicals and Microelectronic Materials. Chlor-alkali includes chlor-alkali products, sodium hydrosulfite and high strength bleach products. Chemicals includes pool chemicals, biocides, hydrazine, polyols, propylene glycols and surfactants and fluids. Microelectronic Materials includes image-forming and electronic interconnect materials and services. The metals and ammunition segment produces copper alloy sheet, strip, rod, wire, and ammunition.

Olin

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