Oci Resources LP Now Covered by Citigroup Inc. (OCIR)
Equities researchers at Citigroup Inc. initiated coverage on shares of Oci Resources LP (NASDAQ:OCIR) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
Separately, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Oci Resources LP in a research note to investors on Tuesday. They set a “buy” rating and a $24.00 price target on the stock.
Shares of Oci Resources LP (NASDAQ:OCIR) opened at 20.01 on Wednesday. Oci Resources LP has a 52-week low of $17.76 and a 52-week high of $20.19. The stock’s 50-day moving average is $18.47 and its 200-day moving average is $18.47. The company has a market cap of $399.2 million and a P/E ratio of 10.50.
Oci Resources LP is a limited partnership formed by OCI Holdings to operate the trona ore mining and soda ash production business of OCI Wyoming.
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