Quaker Houghton – Consensus Indicates Potential -2.9% Downside

Broker Ratings
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Quaker Houghton found using ticker (KWR) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 220 and 173 and has a mean target at 199.8. Now with the previous closing price of 205.73 this is indicating there is a potential downside of -2.9%. The 50 day moving average now sits at 183.69 and the 200 day moving average is 166.57. The market capitalisation for the company is $3,714m. Company Website: https://www.quakerhoughton.com

The potential market cap would be $3,607m based on the market concensus.

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, can, 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.

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