Chemours Company (The) (CC) : The consensus on Chemours Company (The) (CC) based on 5 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Chemours Company (The) (CC) stock is expected to deviate a maximum of $2.75 from the average target price of $11.75 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $15 and the most muted being $9.
Chemours Company (The) (NYSE:CC): The stock opened at $7.57 on Wednesday but the bulls could not build on the opening and the stock topped out at $7.59 for the day. The stock traded down to $5.82 during the day, due to lack of any buying support eventually closed down at $5.93 with a loss of -22.48% for the day. The stock had closed at $7.65 on the previous day. The total traded volume was 18,394,933 shares.
Also, Brokerage firm Citigroup maintains its rating on Chemours Company (The) (NYSE:CC). As per the latest information, the brokerage house raises the price target to $8 per share from a prior target of $5. The shares have been rated Neutral. The rating by the firm was issued on April 18, 2016.
The Chemours Company (Chemours) is a provider of performance chemicals. The Company delivers solutions with a range of industrial and specialty chemical products for markets, including plastics and coatings, refrigeration and air conditioning, general industrial, and mining and oil refining. The Company operates through three segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Titanium Technologies segment is a producer of titanium dioxide (TiO2) under the brands, including Ti-Pure and Vantage. Its Fluoroproducts segment is a provider of fluoroproducts under the brands, including Suva, ISCEON, Freon, Opteon, Teflon, Tefzel, Viton, Krytox, Formacel, Dymel, FM 200, Nafion and Capstone. Its Chemical Solutions segment is a provider of industrial and specialty performance chemicals under the brands, including Virkon and Oxone. The Companys products include titanium dioxide, refrigerants, industrial fluoropolymer resins, sodium cyanide, sulfuric acid and aniline.