Summary:
- Citi revises Olin Corporation's (OLN, Financial) price target to $30, maintaining a "Buy" rating.
- Analysts predict significant upside potential for Olin, with an average target of $32.39.
- GuruFocus estimates a remarkable 151.4% upside based on GF Value projections.
Olin Corporation's Strategic Position
Olin Corporation (OLN), a significant entity in the chemical and ammunition industries, has recently undergone a price target adjustment by Citi. The target has been revised from $34 to $30, yet Citi maintains its "Buy" rating. This adjustment arises from recent discussions emphasizing the stability of caustic soda prices amidst persistent challenges in the chlor-alkali market.
Wall Street Analysts Forecast
Olin Corp (OLN, Financial) has garnered attention from 18 analysts who have set a one-year average price target of $32.39. The high estimate peaks at $70.00, while the low estimate is $19.00. This average target suggests a promising upside of 58.85% from the current share price of $20.39. For more comprehensive estimate data, visit the Olin Corp (OLN) Forecast page.
Current Recommendation Status
The consensus recommendation from 19 brokerage firms places Olin Corp (OLN, Financial) at an average recommendation of 2.7, indicating a "Hold" status. This rating scale ranges from 1 to 5, with 1 reflecting a Strong Buy and 5 indicating a Sell.
GuruFocus's Evaluation: GF Value
According to GuruFocus estimates, the estimated GF Value for Olin Corp (OLN, Financial) is projected to be $51.26 in one year, pointing to a substantial upside of 151.4% from its current price of $20.39. The GF Value represents GuruFocus' estimate of the stock's fair trading value, computed using the stock's historical trading multiples, past business growth, and future performance expectations. Detailed data is available on the Olin Corp (OLN) Summary page.
