Neenah Paper Stock Rating Lowered by Sidoti (NP)
Neenah Paper (NYSE:NP) was downgraded by equities researchers at Sidoti from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on NP. Analysts at Davidson initiated coverage on shares of Neenah Paper in a research note to investors on Tuesday, January 14th. They set a “buy” rating and a $50.00 price target on the stock. Separately, analysts at DA Davidson initiated coverage on shares of Neenah Paper in a research note to investors on Monday, January 13th. They set a “buy” rating and a $50.00 price target on the stock. Finally, analysts at CJS Securities downgraded shares of Neenah Paper to a “market perform” rating in a research note to investors on Friday, November 8th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Neenah Paper currently has a consensus rating of “Hold” and an average target price of $43.08.
Neenah Paper (NYSE:NP) last released its earnings data on Wednesday, November 6th. The company reported $0.61 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.62 by $0.01. The company had revenue of $214.10 million for the quarter, compared to the consensus estimate of $212.30 million.
Neenah Paper, Inc (NYSE:NP) has two primary operations: technical products business and fine paper business.
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