Olin Corporation – Consensus indicates 39.7% upside potential
Olin Company with ticker code (OLN) now have 16 total analysts covering the stock. The consensus rating is “Buy”. The target price ranges between 88 and 60 by calculating the average target price we have 73.25. Together with the stock’s previous close at 52.42, this indicates that there is upside potential of 39.7%. The 50-day moving average now stands at 50.58 and the 200-day MA is at 50.91. The market cap of the company is $8,449 million. Company website: https://www.olin.com
The potential market capitalization would be $11,806 million based on market consensus.
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Olin Corporation manufactures and distributes chemicals in the United States, Europe and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchlorethylene, trichlorethylene, hydrochloric acid, hydrogen, bleaches, potassium hydroxide, chlorinated organic intermediates and solvents and sodium hypochlorite. The Epoxy segment provides epoxy materials and precursors, including aromatic compounds such as acetone, bisphenol, cumene and phenol, as well as allyl chloride, epichlorohydrin and glycerin used for manufacturers of polymers, resins and other plastics; water purification and pesticides; liquid and solid epoxy resins used in adhesives, paints and coatings, composites and flooring; and converted epoxy resins and additives for use in electrical laminates, paints and coatings, wind turbine blades, electronics and construction. The Winchester segment offers sporting ammunition products, including hunting cartridges, small caliber centerfire and rimfire ammunition products for recreational hunters and shooters, and law enforcement; small caliber military ammunition products for infantry and mounted weapons; and industrial products including gauge loads and powder tool loads for maintenance applications in the energy and concrete industries, and powder tools in the construction industry. The Company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the US government and its major contractors. Olin Corporation was founded in 1892 and is based in Clayton, Missouri.