Brokerage Firm Rating Update on Fairmount Santrol Holdings (FMSA)

Fairmount Santrol Holdings (FMSA) : 11 analysts are covering Fairmount Santrol Holdings (FMSA) and their average rating on the stock is 2, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Fairmount Santrol Holdings (FMSA) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Fairmount Santrol Holdings (FMSA) : 8 Wall Street analysts covering Fairmount Santrol Holdings (FMSA) believe that the average level the stock could reach for the short term is $8.75. The maximum price target given is $13 and the minimum target for short term is around $3, hence the standard deviation is calculated at $2.7.


For the current week, the company shares have a recommendation consensus of Buy. Also, Barclays initiates coverage on Fairmount Santrol Holdings (NYSE:FMSA).The analysts at the brokerage house have a current rating of Equal-weight on the shares. In a recent information released to the investors, Barclays announces the price target of $9 per share. The rating by the firm was issued on August 10, 2016.

Fairmount Santrol Holdings (NYSE:FMSA): stock was range-bound between the intraday low of $7.45 and the intraday high of $8.07 after having opened at $7.94 on Wednesdays session. The stock finally closed in the red at $7.94, a loss of -3.39%. The stock remained in the red for the whole trading day. The total traded volume was 2,842,220 shares. The stock failed to cross $8.07 in Wednesdays trading. The stocks closing price on Thursday was $7.97.

Fairmount Santrol Holdings Inc., formerly FMSA Holdings Inc., is a provider of sand-based proppant solutions. The Companys operations are organized into two segments: Proppant Solutions and Industrial and Recreational (I&R) Products. The Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States, Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates. The I&R segment provides raw, coated and custom blended sands to the foundry, building products, glass, turf and landscape, and filtration industries primarily in North America. It develops proppants used by exploration and production (E&P) companies to enhance the productivity of their oil and gas wells. It offers a range of proppants, including sand and a spectrum of resin-coated products. It offers sand-based products to end users in the foundry, glass, building products, and sports and recreation markets (collectively, the I&R markets).

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