4 Analysts Have This To Say About Ashland
Portfolio Pulse from Benzinga Insights
Ashland (NYSE:ASH) has received mixed analyst ratings over the past three months, with 2 bullish and 2 indifferent ratings. The average 12-month price target is $93.5, a 2.6% decline from the previous average. Recent actions include ratings and target adjustments by analysts from Wells Fargo, BMO Capital, Stifel, and UBS, reflecting changes in market conditions and company performance. Ashland, a specialty materials company, faces challenges with a -8.51% revenue decline and below-average ROE and ROA, despite a strong net margin and sound debt management.
February 01, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Ashland has received mixed reviews from analysts, with an updated average price target of $93.5, indicating a slight negative sentiment. The company's financial performance shows challenges in revenue and efficiency but strengths in net margin and debt management.
The mixed analyst ratings and the slight decline in the average price target suggest a cautious outlook for Ashland in the short term. The company's financial challenges, particularly in revenue growth and efficiency metrics like ROE and ROA, may weigh on investor sentiment. However, Ashland's strong net margin and sound debt management could provide some support to the stock price. The overall negative score reflects the balance of these factors and the recent trend in analyst sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100