Truist has revised its price target for Olin Corporation (OLN, Financial), bringing it down from $32 to $25, while maintaining a Hold rating on the stock. This change is part of a comprehensive assessment of the chemicals sector, influenced by ongoing uncertainties related to trade tariffs.
The revision reflects updated financial models that now include moderated expectations for demand growth over the next few years, particularly in 2025 and 2026. Despite these adjustments, Truist's analysis does not currently foresee a major economic downturn. Instead, it anticipates more limited expansion in underlying demand within the chemicals industry.
Investors are advised to consider these factors when evaluating the potential performance of Olin (OLN, Financial) in light of these market dynamics and revised projections.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Olin Corp (OLN, Financial) is $31.89 with a high estimate of $70.00 and a low estimate of $19.00. The average target implies an upside of 56.09% from the current price of $20.43. More detailed estimate data can be found on the Olin Corp (OLN) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Olin Corp's (OLN, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Olin Corp (OLN, Financial) in one year is $51.26, suggesting a upside of 150.91% from the current price of $20.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Olin Corp (OLN) Summary page.
