Milacron Holdings (MCRN) has an average broker rating of 1.33, which is interpreted as a Strong Buy, as rated by 6 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Milacron Holdings (MCRN) : The most positive equity analysts on Milacron Holdings (MCRN) expects the shares to touch $20, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $18.8 with an expected fluctuation of $2.17 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Milacron Holdings (NYSE:MCRN): The stock opened at $16.63 on Thursday but the bulls could not build on the opening and the stock topped out at $17.01 for the day. The stock traded down to $16.63 during the day, due to lack of any buying support eventually closed down at $16.78 with a loss of -0.47% for the day. The stock had closed at $16.86 on the previous day. The total traded volume was 74,816 shares.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Milacron Holdings Corp., Goeke Thomas J had purchased shares worth of $192,600 in a transaction dated on December 9, 2015. A total of 15,000 shares were purchased at a price of $12.84 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Milacron Holdings Corp. manufactures, distributes and services engineered and customized systems within the plastic technology and processing industry. The Companys product portfolio includes hot runner systems, injection molding, blow molding and extrusion equipment. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). Its APPT segment designs, manufactures and sells injection, extrusion and blow molding equipment, co-injection systems and related parts and services. The Companys MDCS segment designs, manufactures and sells hot runner and process control systems, mold bases and components, and sells maintenance repair and operations (MRO) supplies. Its Fluids segment is a manufacturer of synthetic and semi-synthetic lubricants and coolants used in various industrial metalworking applications.