Analysts’ Weekly Ratings Changes for Carbo Ceramics (CRR)
Carbo Ceramics (NYSE: CRR) was the recipient of a ratings changes during the seven days:
- Carbo Ceramics was downgraded by analysts at Capital One from an “add” rating to a “neutral” rating. They now have a $76.00 price target on the stock.
- Carbo Ceramics was downgraded by analysts at Capital One from an “add” rating to a “neutral” rating.
- Carbo Ceramics is now covered by analysts at William Blair. They set a “market perform” rating on the stock.
- Carbo Ceramics was downgraded by analysts at Dahlman Rose from a “buy” rating to a “hold” rating. They wrote, “We are downgrading CRR to Hold. We do not expect shares to rally again until Haynesville activity rebounds. While imports have decreased from record levels, they have been more resilient than we had initially expected and increased in 3Q12. Higher imports and recent price anecdotes increase EPS uncertainty.”
- Carbo Ceramics had its “equalweight” rating reaffirmed by analysts at Barclays Capital.
Carbo Ceramics opened at 67.58 on Thursday. Carbo Ceramics has a 52-week low of $63.00 and a 52-week high of $162.36. The company has a market cap of $1.560 billion and a price-to-earnings ratio of 11.84.
CARBO Ceramics Inc., is a supplier of ceramic proppant. The Company is a provider of software, and consulting services, spill prevention, containment and geotechnical monitoring.