Ashland Inc. with ticker code (ASH) now have 9 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $110.00 and $92.00 calculating the average target price we see $102.11. Given that the stocks previous close was at $87.14 this would imply there is now a potential upside of 17.2%. There is a 50 day moving average of $92.50 and the 200 day MA is $90.61. The company has a market capitalization of 4.23B. Currently the stock stands at: $86.68 USD
The potential market cap would be $4,959,903,673 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 25.35, revenue per share of $41.54 and a 1.21% return on assets.
Ashland Inc. is a global additives and specialty ingredients company. It serves customers in a range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceuticals. Its segments include life sciences, personal care, specialty additives, and intermediates. The life sciences segment includes pharmaceuticals, nutraceuticals and nutrition, and diagnostic films and agricultural chemicals. The personal care segment skin and sun care, hair care, oral care, home care, and others. The specialty additives segment includes coatings, construction, and energy. The intermediates segment produces and supplies butanediol (BDO), Tetrahydrofuran (THF), n-methyl-pyrrolidone (NMP) and gamma-butyrolactone (GBL, BLO) in addition to other downstream products. Its products include acrylates, aquaflow, biofunctionals, cellulosics, cyclodextrins, encapsulates, emollient esters, emulsifiers, and others.
