Quaker Houghton which can be found using ticker (KWR) now have 5 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 220 and 195 and has a mean target at $207.60. Given that the stocks previous close was at $186.71 this would imply there is now a potential upside of 11.2%. It’s also worth noting that there is a 50 day moving average of $192.37 while the 200 day moving average is $176.82. The total market capitalization for the company now stands at $3,263m. Company Website: https://www.quakerhoughton.com
The potential market cap would be $3,628m based on the market consensus.
Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications. The company operates through four segments: Americas; Europe, Middle East, and Africa; Asia/Pacific; and Global Specialty Businesses. It offers metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, metal finishing fluids, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals. The company also provides chemical management services. It serves steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. The company was formerly known as Quaker Chemical Products Corporation and changed its name to Quaker Chemical Corporation in August 1962. Quaker Chemical Corporation was founded in 1918 and is headquartered in Conshohocken, Pennsylvania.
The company has a dividend yield of 0.96% with the ex dividend date set at 13-4-2023 (DMY).
