Chemours Company (The) (CC) Receives ‘Analyst’ Rating

Chemours Company (The) (CC) : Zacks Investment Research ranks Chemours Company (The) (CC) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 2.5, which indicates as a Buy.

Chemours Company (The) (CC) : 2 investment research analysts covering Chemours Company (The) (CC) 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 $1.41 of the average price.


Also, In a research note released to the investors, Jefferies maintains its rating on Chemours Company (The) (NYSE:CC).The analysts at the brokerage house have a current rating of Hold on the shares. In a recent information released to the investors, Jefferies raises the new price target from $10 per share to $15 per share. The rating by the firm was issued on September 1, 2016.

Chemours Company (The) (NYSE:CC): After opening at $13.51, the stock dipped to an intraday low of $13.27 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.97 and the buying power remained strong till the end. The stock closed at $13.7 for the day, a gain of 0.81% for the day session. The total traded volume was 2,707,649. The stocks close on the previous trading day was $13.59.

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.

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