X
<

Interpreting Olin's Dividend Today

PART:
1 2 3
Part 3
Interpreting Olin's Dividend Today PART 3 OF 3

Olin on the Street: Analysts’ Recommendations

Analysts consensus

Of the 13 analysts actively tracking Olin (OLN) over the past three months, 61% have recommended a “buy,” while 39% have recommended a “hold.” None of the analysts have recommended a “sell.”

Olin on the Street: Analysts&#8217; Recommendations

Interested in MON? Don't miss the next report.

Receive e-mail alerts for new research on MON

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

The analysts’ consensus puts Olin’s 12-month target price at $35.09, implying a potential return of 8.9% from its closing price of $32.23 on August 31, 2017.

Why analysts are recommending “buys” and “holds” for Olin

Although Olin reported a net loss in 2Q17, OLN reaffirmed its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) to be $1 billion for fiscal 2017. This likely influenced analysts to recommend a “buy” or a “hold” for the stock.

Suntrust Robinson has rated Olin stock a “buy” and has recommended a target price of $36, implying a return potential of 11.7% over the closing price of $32.23 on August 31, 2017.

Bank of America Merrill Lynch has also rated Olin a “buy,” with a recommended target price of $40, implying a return potential of 24.1% over the closing price of $32.23 on August 31, 2017.

Investors can indirectly hold Olin by investing in the iShares US Basic Materials ETF (IYM), which has 0.90% of its portfolio in Olin. IYM also holds Monsanto (MON), Praxair (PX), and LyondellBasell (LYB), with weights of 8.3%, 6.1%, and 4.8%, respectively, as of August 31, 2017.

X

Please select a profession that best describes you: