Zacks Rating on Ferro Corporation (FOE)

Ferro Corporation (FOE) : The consensus on Ferro Corporation (FOE) based on 6 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

Ferro Corporation (FOE) : 5 investment research analysts covering Ferro Corporation (FOE) have an average price target of $16 for the near short term. The highest target price given by the Brokerage Firm to the stock is $17 and the lowest target is $15 for the short term. Analysts expect the variance to be within $1 of the average price.


Ferro Corporation has dropped 0.38% in the last five trading days, however, the shares have posted positive gains of 6.53% in the last 4 weeks. Ferro Corporation has dropped 4.9% during the last 3-month period . Year-to-Date the stock performance stands at 18.79%. Ferro Corporation (NYSE:FOE): stock turned positive on Tuesday. Though the stock opened at $13.27, the bulls momentum made the stock top out at $13.41 level for the day. The stock recorded a low of $13.14 and closed the trading day at $13.21, in the green by 0.38%. The total traded volume for the day was 692,319. The stock had closed at $13.16 in the previous days trading.

Ferro Corporation (Ferro) produces performance materials for a range of manufacturers in diversified industries throughout the world. The Company uses inorganic and organic chemical processes, polymer science and materials science to develop and produce these performance materials. It operates, approximately 33 facilities around the world that manufacture performance materials and performance chemicals. The Companys performance materials include frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, specialty dielectrics, electronic glasses, and other specialty coatings. Ferro operates through four segments: Tile Coating Systems, Porcelain Enamel, Performance Colors and Glass, and Pigments, Powders and Oxides. Ferros products are used in a variety of product applications in markets including appliances, household furnishings, automobiles, industrial products, building and renovation, and packaging.

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