Eastman Chemical Company – Consensus ‘buy’ rating and 15.5% Upside Potential

Broker Ratings
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Eastman Chemical Company with ticker code (EMN) have now 21 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 115 and 80 calculating the mean target price we have $95.67. Now with the previous closing price of $82.85 and the analysts are correct then we can expect a percentage increase in value of 15.5%. The 50 day MA is $81.39 while the 200 day moving average is $83.96. The market cap for the company is 9.83B. The current stock price for Targa Resources Corp. is currently 82.47 USD

The potential market cap would be $11,346,988,320 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 14.54, revenue per share of 84.96 and a 5.02% return on assets.

Eastman Chemical Company (Eastman) is a global specialty materials company that produces a range of products. Eastman’s segments include Advanced Materials (AM), Additives & Functional Products (AFP), Chemical Intermediates (CI), and Fibers. The AM segment produces and markets polymers, films, and plastics with differentiated performance properties for value-added end-uses in transportation; durables and electronics; building and construction; medical and pharma; and consumables markets. The AFP segment manufactures materials for products in the transportation; personal care and wellness; food, feed, and agriculture; building and construction; water treatment and energy; consumables; and durables and electronics markets. The CI segment sells and markets industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. The Fibers segment manufactures and sells acetate tow and triacetin plasticizers for use in filtration media.

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