Brokerage Firm Rating Update on Trinseo S.A. (TSE)

Trinseo S.A. (TSE) has an average broker rating of 1.8, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 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 1, which is also a Strong Buy.

Trinseo S.A. (TSE) : The highest short term price target forecast on Trinseo S.A. (TSE) is $59 and the lowest target price is $52. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $56 with a standard deviation of $3.16.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of Trinseo S.A. (NYSE:TSE). Citigroup has a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $55 per share from a prior target of $53. The rating by the firm was issued on August 4, 2016.

Trinseo S.A. (NYSE:TSE): stock was range-bound between the intraday low of $55.0252 and the intraday high of $56.62 after having opened at $56.04 on Wednesdays session. The stock finally closed in the red at $56.04, a loss of -0.52%. The stock remained in the red for the whole trading day. The total traded volume was 723,847 shares. The stock failed to cross $56.62 in Wednesdays trading. The stocks closing price on Thursday was $55.99.

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.

Leave a Reply

Get Pre-Market Alerts!

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