Analyst Rating Update on Tronox Limited (TROX)

Tronox Limited (NYSE:TROX) has an average broker rating of 4, which is interpreted as a Sell, as rated by 2 equity analysts. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Tronox Limited (NYSE:TROX) : The highest level Tronox Limited (NYSE:TROX) is projected to reach is $14 for the short term and the lowest estimate is at $6. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $9.88 and the possibility the share price can swing is $5.83.

Company shares have received an average consensus rating of Hold for the current week

Tronox Limited (NYSE:TROX): stock turned positive on Tuesday. Though the stock opened at $4.07, the bulls momentum made the stock top out at $4.39 level for the day. The stock recorded a low of $4.0462 and closed the trading day at $4.21, in the green by 7.40%. The total traded volume for the day was 674,694. The stock had closed at $3.92 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (SVP, SP & BD) of Tronox Ltd, Van Niekerk Willem Hendrik, had purchased 2,000 shares in a transaction dated on May 12, 2016. The transaction was executed at $5.11 per share with total amount equaling $10,220.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.