Quaker Chemical Corp (KWR) Receives Average Rating of “Hold” from Brokerages
Shares of Quaker Chemical Corp (NYSE:KWR) have been assigned a consensus rating of “Hold” from the six brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $161.00.
A number of equities research analysts have weighed in on the stock. B. Riley restated a “neutral” rating on shares of Quaker Chemical in a report on Wednesday, November 1st. Zacks Investment Research cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. ValuEngine cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, FBR & Co set a $165.00 price objective on shares of Quaker Chemical and gave the stock a “hold” rating in a report on Friday, October 27th.
Shares of Quaker Chemical (KWR) traded up $0.87 on Wednesday, reaching $147.91. 27,995 shares of the company’s stock were exchanged, compared to its average volume of 64,717. The stock has a market capitalization of $1,980.00, a PE ratio of 41.32, a PEG ratio of 2.39 and a beta of 1.31. The company has a current ratio of 2.83, a quick ratio of 2.25 and a debt-to-equity ratio of 0.16. Quaker Chemical has a twelve month low of $126.18 and a twelve month high of $165.93.
Hedge funds and other institutional investors have recently modified their holdings of the company. Flinton Capital Management LLC lifted its stake in shares of Quaker Chemical by 29.7% in the second quarter. Flinton Capital Management LLC now owns 768 shares of the specialty chemicals company’s stock worth $111,000 after buying an additional 176 shares in the last quarter. Advisor Group Inc. lifted its stake in shares of Quaker Chemical by 15.6% in the second quarter. Advisor Group Inc. now owns 954 shares of the specialty chemicals company’s stock worth $139,000 after buying an additional 129 shares in the last quarter. Xact Kapitalforvaltning AB bought a new position in shares of Quaker Chemical in the fourth quarter worth approximately $223,000. Cubist Systematic Strategies LLC bought a new position in shares of Quaker Chemical in the second quarter worth approximately $246,000. Finally, Virginia Retirement Systems ET AL bought a new position in shares of Quaker Chemical in the third quarter worth approximately $252,000. Hedge funds and other institutional investors own 90.04% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Quaker Chemical Corp (KWR) Receives Average Rating of “Hold” from Brokerages” was originally posted by Daily Political and is the property of of Daily Political. If you are reading this article on another website, it was stolen and republished in violation of U.S. and international copyright & trademark law. The legal version of this article can be viewed at https://www.dailypolitical.com/2018/02/21/quaker-chemical-corp-kwr-receives-average-rating-of-hold-from-brokerages.html.
About Quaker Chemical
Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.
Receive News & Ratings for Quaker Chemical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaker Chemical and related companies with MarketBeat.com's FREE daily email newsletter.