Orion Engineered Carbons S.A – Consensus Indicates Potential 62.7% Upside

Broker Ratings
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Orion Engineered Carbons S.A with ticker code (OEC) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 32 and 23 with the average target price sitting at 28. Now with the previous closing price of 17.21 this now indicates there is a potential upside of 62.7%. The 50 day MA is 16.18 while the 200 day moving average is 17.13. The market capitalisation for the company is $1,078m. Visit the company website at: https://www.orioncarbons.com

The potential market cap would be $1,754m 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.

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