Quaker Houghton – Consensus Indicates Potential 3.8% Upside

Broker Ratings
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Quaker Houghton with ticker code (KWR) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 220 and 173 calculating the mean target price we have 203.2. Given that the stocks previous close was at 195.78 this now indicates there is a potential upside of 3.8%. The 50 day moving average now sits at 186.62 and the 200 moving average now moves to 168.08. The market capitalisation for the company is $3,561m. Company Website: https://www.quakerhoughton.com

The potential market cap would be $3,696m 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, 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.

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