OMNOVA Solutions (OMN) : Zacks Investment Research ranks OMNOVA Solutions (OMN) as 1, which is a Strong Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 1.67, which indicates as a Buy.
OMNOVA Solutions (OMN) : 2 Wall Street analysts covering OMNOVA Solutions (OMN) believe that the average level the stock could reach for the short term is $9. The maximum price target given is $10 and the minimum target for short term is around $8, hence the standard deviation is calculated at $1.41.
For the current week, the company shares have a recommendation consensus of Buy.
OMNOVA Solutions (NYSE:OMN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.90 and $8.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.27, notching a gain of 5.34% for the day. The total traded volume was 1,066,304 . The stock had closed at $8.80 on the previous day.
OMNOVA Solutions Inc. (OMNOVA) is a provider of emulsion polymers, specialty chemicals and engineered surfaces for commercial, industrial and residential end uses. The Company operates in two segments: Performance Chemicals and Engineered Surfaces. The Performance Chemicals segment produces a range of emulsion polymers and specialty chemicals based on styrene butadiene (SB), styrene butadiene acrylonitrile (SBA), styrene butadiene vinyl pyridine, nitrile butadiene (NBR), polyvinyl acetate, acrylic, styrene acrylic, vinyl acrylic, glyoxal, fluorochemicals and bio-based chemistries. The Engineered Surfaces segment develops, designs, produces, and markets a line of functional and decorative surfacing products, including coated fabrics, laminates and industrial films. The Company sells its products directly to manufacturers. The Company has manufacturing facilities located in the United States, France, China, India and Thailand.