Ashland (ASH) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 5 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
Ashland (ASH) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $140 and the lowest price target forecast is $125. The average forecast of all the analysts is $133.2 and the expected standard deviation is $5.59.
For the current week, the company shares have a recommendation consensus of Buy. Ashland (NYSE:ASH): The stock opened at $114.55 on Thursday but the bulls could not build on the opening and the stock topped out at $114.99 for the day. The stock traded down to $112.99 during the day, due to lack of any buying support eventually closed down at $113.19 with a loss of -1.18% for the day. The stock had closed at $114.54 on the previous day. The total traded volume was 590,997 shares.
In a related news,The officer (Vice President) of Ashland Inc., Schumann Anne T. sold 496 shares at $121.61 on July 18, 2016. The Insider selling transaction had a total value worth of $60,319. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Ashland Inc. (Ashland) is a specialty chemical company that provides products, services and solutions to industries. The Companys segments are: Ashland Specialty Ingredients offers products, technologies and resources in key markets including personal and home care, pharmaceutical, food and beverage, coatings, construction, energy and other industries; Ashland Water Technologies is a supplier of specialty chemicals and services to the pulp, paper, mining, food and beverage, power generation, refining, chemical processing, general manufacturing and municipal markets. Ashland Performance Materials helps customers to create substitutes for traditional materials through higher performing, cost-efficient resin and adhesive technologies that improve the manufacturing, fabrication and design process, and Ashland Consumer Markets delivers premium-branded automotive, commercial and industrial lubricants, automotive chemicals and car-care products.