Trinseo S.A. (TSE) : Zacks Investment Research ranks Trinseo S.A. (TSE) as 1, which is a Strong Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.8, which indicates as a Buy.
Trinseo S.A. (TSE) : 4 Wall Street analysts covering Trinseo S.A. (TSE) believe that the average level the stock could reach for the short term is $56. The maximum price target given is $59 and the minimum target for short term is around $52, hence the standard deviation is calculated at $3.16.
Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Trinseo S.A. (NYSE:TSE). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $53 per share to $55 per share. The rating by the firm was issued on August 4, 2016.
Trinseo S.A. (NYSE:TSE): After opening at $54.87, the stock dipped to an intraday low of $54.61 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $56.13 and the buying power remained strong till the end. The stock closed at $55.58 for the day, a gain of 1.68% for the day session. The total traded volume was 829,284. The stocks close on the previous trading day was $54.66.
Trinseo S.A. is a materials company engaged in the manufacture and marketing of emulsion polymers and plastics, including various specialty and technologically differentiated products. The company operates in four segments under two business units. Its Emulsion Polymers business unit includes its Latex segment and its Synthetic Rubber segment. Its Plastics business unit includes its Styrenics segment and its Engineered Polymers segment. The Latex segment produces SB latex primarily for coated paper and packaging board, carpet and artificial turf backings, as well as a number of performance latex applications. The Synthetic Rubber segment produces synthetic rubber products used predominantly in tires, with additional applications in polymer modification and technical rubber goods. The Styrenics and Engineered Polymers segments offer plastics products with formulations developed for durable applications, such as consumer electronics, automotive and construction.