Orion Engineered Carbons S.A found using ticker (OEC) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 32 and 23 with the average target price sitting at 27.5. Given that the stocks previous close was at 17.43 this now indicates there is a potential upside of 57.8%. There is a 50 day moving average of 16.93 and the 200 day MA is 17.32. The market capitalisation for the company is $1,041m. You can visit the company’s website by visiting: https://www.orioncarbons.com
The potential market cap would be $1,643m based on the market concensus.
Orion Engineered Carbons S.A., together with its subsidiaries, manufactures and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and conductive carbon black grades for polymers, coatings, and battery electrodes. It also provides rubber carbon black products for applications in mechanical rubber goods under the PUREX brand, as well as in tires under the ECORAX brand name. The company was formerly known as Orion Engineered Carbons S.à r.l. and changed its name to Orion Engineered Carbons S.A. in July 2014. Orion Engineered Carbons S.A. was founded in 1862 and is headquartered in Senningerberg, Luxembourg.
