Ashland Global Holdings Inc. – Consensus Indicates Potential 12.1% Upside

Broker Ratings

Ashland Global Holdings Inc. with ticker code (ASH) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 118 and 90 with the average target price sitting at 104.5. Given that the stocks previous close was at 93.25 this indicates there is a potential upside of 12.1%. The 50 day MA is 87.85 and the 200 day MA is 88.72. The company has a market capitalisation of $5,479m. You can visit the company’s website by visiting: http://www.ashland.com

Ashland Global Holdings Inc. provides specialty chemical solutions worldwide. The company’s Specialty Ingredients segment offers products, technologies, and resources for solving formulation and product-performance challenges. It provides solutions using natural, synthetic, and semisynthetic polymers derived from cellulose ethers, vinyl pyrrolidones, acrylic polymers, polyester and polyurethane-based adhesives, and plant and seed extracts. This segment offers its solutions for the pharmaceutical companies; makers of personal care products, food, and beverages; makers of nutraceuticals and supplements; manufacturers of paint, coatings, and construction materials; packaging and converting markets; and oilfield service companies. Its Intermediates and Solvents produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone that are used as chemical intermediates in the production of engineering polymers and polyurethanes, as well as specialty process solvents used in electronics, pharmaceuticals, water filtration membranes, and others. The company was formerly known as Ashland Inc. and changed its name to Ashland Global Holdings Inc. in September 2016. Ashland Global Holdings Inc. was founded in 1924 and is based in Wilmington, Delaware.

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