Olin Corporation (OLN) : Zacks Investment Research ranks Olin Corporation (OLN) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.6, which indicates as a Buy.
Olin Corporation (OLN) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $29 and the lowest price target forecast is $20. The average forecast of all the analysts is $24.75 and the expected standard deviation is $3.77.
Shares of Olin Corp. rose by 6.33% in the last five trading days and 4.99% for the last 4 weeks. Olin Corp. is up 0.64% in the last 3-month period. Year-to-Date the stock performance stands at 29.87%. Olin Corporation (NYSE:OLN): stock turned positive on Tuesday. Though the stock opened at $21.56, the bulls momentum made the stock top out at $21.77 level for the day. The stock recorded a low of $21.5 and closed the trading day at $21.67, in the green by 1.31%. The total traded volume for the day was 1,570,951. The stock had closed at $21.39 in the previous days trading.
Olin Corporation is a manufacturing company. The Company operates in three segments: Chlor Alkali Products, Chemical Distribution and Winchester. Chlor Alkali Products manufactures and sells chlorine and caustic soda, hydrochloric acid, hydrogen, bleach products and potassium hydroxide. Chemical Distribution manufactures bleach products and distributes caustic soda, bleach products, potassium hydroxide and hydrochloric acid. Winchester products segments include sporting ammunition, reloading components, small caliber military ammunition and components and industrial cartridges. The Companys subsidiary, Olin Canada ULC, operates one chlor alkali facility in Becancour, Canada, which sells chlor alkali-related products within Canada and to the United States and also sells and distributes ammunition within Canada. Its subsidiary, Winchester Australia Limited, loads and packs sporting and industrial ammunition in Australia.