Evercore ISI analyst Stephen Richardson maintained a Buy rating on Ashland (NYSE:ASH) on Wednesday, setting a price target of $100, which is approximately 9.55% above the present share price of $91.28.
Richardson expects Ashland to post earnings per share (EPS) of $1.31 for the third quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Ashland, with an average price target of $104.6.
The analysts price targets range from a high of $118 to a low of $90.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $637 million and a net profit of $62 million. The company's market cap is $5.54 billion.
According to TipRanks.com, Evercore ISI analyst Stephen Richardson is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -2.8% and a 42.86% success rate.
Ashland Global Holdings, Inc. is a global specialty chemicals company. The company engages in the manufacture and distribution of adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care, and pharmaceutical. It operates through the following segments: Specialty Ingredients, and Intermediates and Solvents. The Specialty Ingredients segment offers industry products, technologies, and resources for solving formulation and product-performance challenges. The Intermediates and Solvents segment produces butanediol and related derivatives, including tetrahydrofuran and n-methylpyrrolidone. The company was founded in 1924 and is headquartered in Covington. KY.