Orion Engineered Carbons S.A with ticker code (OEC) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 32 and 16 calculating the mean target price we have 24.86. Given that the stocks previous close was at 14.74 this would indicate that there is a potential upside of 68.7%. The 50 day moving average now sits at 16.71 and the 200 moving average now moves to 17.88. The market cap for the company is $889m. Visit the company website at: https://www.orioncarbons.com
The potential market cap would be $1,500m 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.
