KeyBanc analyst Aleksey Yefremov reiterated a Buy rating on Ecovyst (ECVT – Research Report) today and set a price target of $13.00. The company’s shares closed yesterday at $9.58.
According to TipRanks, Yefremov is a 4-star analyst with an average return of 7.2% and a 55.76% success rate. Yefremov covers the Basic Materials sector, focusing on stocks such as FMC, Celanese, and Albemarle.
Currently, the analyst consensus on Ecovyst is a Strong Buy with an average price target of $13.08, a 36.53% upside from current levels. In a report released on November 15, C.L. King also maintained a Buy rating on the stock with a $13.00 price target.
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The company has a one-year high of $12.35 and a one-year low of $8.26. Currently, Ecovyst has an average volume of 674K.
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Ecovyst (ECVT) Company Description:
PQ Group Holdings, Inc. engages in the manufacture and provision of specialty catalysts, materials, chemicals, and services that enable environmental improvements, enhance consumer products, and increase personal safety. It operates through the Refining Services, Catalysts, Performance Materials, and Performance Chemicals. The Refining Services segment offers sulfuric acid recycling to the North American refining industry. The Catalysts segment serves the packaging and engineered plastics and the refining, petrochemical, and emissions control industries. The Performance Materials segment produces transportation reflective safety markings for roads and airports. The Performance Chemicals segment supplies diverse product end uses, including personal and industrial cleaning products, fuel-efficient tires, surface coatings, and food and beverage products. The company was founded on August 07, 2015 and is headquartered in Malvern, PA.
Read More on ECVT:
- Ecovyst price target lowered to $13.00 from $14.50 at CL King
- 3 Best Stocks to Buy Now, 11/15/2023, According to Top Analysts
- Ecovyst price target lowered to $11 from $12 at H.C. Wainwright
- TipRanks’ ‘Perfect 10’ List: There’s an Opportunity Brewing in These 2 Top-Rated Stocks
- Ecovyst cuts FY23 revenue view to $675M-$705M from $685M-$715M
