Orion Engineered Carbons S.A – Consensus Indicates Potential 24.7% Upside

Broker Ratings

Orion Engineered Carbons S.A with ticker code (OEC) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 40 and 26 with a mean TP of 32.5. Given that the stocks previous close was at 26.06 this now indicates there is a potential upside of 24.7%. The 50 day MA is 20.63 and the 200 moving average now moves to 17.7. The market cap for the company is $1,584m. Visit the company website at: https://www.orioncarbons.com

The potential market cap would be $1,976m based on the market concensus.

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Orion Engineered Carbons S.A., together with its subsidiaries, manufactures and sells carbon black products in Luxembourg and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and conductive carbon black grades for polymers, coatings, and battery electrodes. It also provides rubber carbon black products for applications in mechanical rubber goods under the PUREX brand, as well as in tires under the ECORAX brand name. The company was formerly known as Orion Engineered Carbons S.à r.l. and changed its name to Orion Engineered Carbons S.A. in July 2014. Orion Engineered Carbons S.A. was founded in 1862 and is headquartered in Senningerberg, Luxembourg.

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