Trinseo S.A. (NYSE:TSE) : 3 brokerage houses believe that Trinseo S.A. (NYSE:TSE) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Trinseo S.A. (NYSE:TSE). Zacks Investment Research suggests a Strong Buy with a rank of 1.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 1.8.
Trinseo S.A. (NYSE:TSE) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $59 and the lowest price target forecast is $48. The average forecast of all the analysts is $52.5 and the expected standard deviation is $5.45.
For the current week, the company shares have a recommendation consensus of Buy.
Trinseo S.A. (NYSE:TSE): stock turned positive on Tuesday. Though the stock opened at $40.7, the bulls momentum made the stock top out at $41.13 level for the day. The stock recorded a low of $40.35 and closed the trading day at $41.06, in the green by 2.14%. The total traded volume for the day was 751,883. The stock had closed at $40.2 in the previous days trading.
In an insider trading activity, Yarkadas Hayati, officer (See Remarks) of Trinseo S.A., had purchased 2,100 shares on June 9, 2016. The total value of the transaction was $102,522. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.