Chemours Company (The) (CC) : 2 brokerage houses believe that Chemours Company (The) (CC) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Chemours Company (The) (CC). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 2.5.
Chemours Company (The) (CC) : Currently there are 3 street experts covering Chemours Company (The) (CC) stock. The most bullish and bearish price target for the stock is $15 and $9 respectively for the short term. The average price target of all the analysts comes to $11.33. The estimated standard deviation from the target is $3.21.
Company shares have received an average consensus rating of Hold for the current week Chemours Company (The) (NYSE:CC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.94 and $10.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.74, notching a gain of 7.31% for the day. The total traded volume was 4,134,465 . The stock had closed at $10.94 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CFO of Chemours Co, Newman Mark, had purchased 2,800 shares in a transaction dated on May 13, 2016. The transaction was executed at $9.7 per share with total amount equaling $27,160.
The Chemours Company (Chemours) is a provider of performance chemicals. The Company delivers solutions with a range of industrial and specialty chemical products for markets, including plastics and coatings, refrigeration and air conditioning, general industrial, and mining and oil refining. The Company operates through three segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Titanium Technologies segment is a producer of titanium dioxide (TiO2) under the brands, including Ti-Pure and Vantage. Its Fluoroproducts segment is a provider of fluoroproducts under the brands, including Suva, ISCEON, Freon, Opteon, Teflon, Tefzel, Viton, Krytox, Formacel, Dymel, FM 200, Nafion and Capstone. Its Chemical Solutions segment is a provider of industrial and specialty performance chemicals under the brands, including Virkon and Oxone. The Companys products include titanium dioxide, refrigerants, industrial fluoropolymer resins, sodium cyanide, sulfuric acid and aniline.