Analyst Rating Update on Axiall Corporation (AXLL)

Axiall Corporation (NYSE:AXLL) : Zacks Investment Research ranks Axiall Corporation (NYSE:AXLL) as 1, which is a Strong Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 3, which indicates as a Hold.

Axiall Corporation (NYSE:AXLL) stock is expected to deviate a maximum of $4.95 from the average target price of $25 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $33 and the most muted being $20.

Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, JP Morgan downgrades its rating on Axiall Corporation (NYSE:AXLL).The analysts at the brokerage house have a current rating of Neutral on the shares. Earlier, the shares were rated a Overweight by the brokerage firm. In a recent information released to the investors, JP Morgan raises the new price target from $26.5 per share to $33 per share. The rating by the firm was issued on June 13, 2016.

Axiall Corporation (NYSE:AXLL): stock turned positive on Tuesday. Though the stock opened at $32.3, the bulls momentum made the stock top out at $32.39 level for the day. The stock recorded a low of $32.21 and closed the trading day at $32.35, in the green by 0.25%. The total traded volume for the day was 2,555,686. The stock had closed at $32.27 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Biltz George, officer (Chief Strategy Officer) of Axiall Corp/De/, had unloaded 7,388 shares at an average price of $46.47 in a transaction dated on March 4, 2015. The total value of the transaction was worth $343,320.

Axiall Corporation is a manufacturer and international marketer of chemicals and building products. The Company operates through three segments: chlorovinyls, building products and aromatics. The Companys chlorovinyls segment produces a chain of products, including chlor-alkali and derivative products, such as chlorine, caustic soda, vinyl chloride monomer (VCM), vinyl resins, ethylene dichloride (or 1, 2 dichloroethane) (EDC), chlorinated solvents, calcium hypochlorite, hydrochloric acid (HCL) and phosgene derivatives, and compound products, such as vinyl compounds and compound additives and plasticizers. The Companys building products segment consists of two primary product groups: window and door profiles and trim, moldings and deck products, and outdoor building products, which includes siding and exterior accessories, pipe and pipe fittings. The Companys aromatics segment manufactures cumene products and phenol and acetone products (co-products made from cumene).

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