Nexeo Solutions (NASDAQ: NXEO) recently received a number of ratings updates from brokerages and research firms:

  • 10/4/2017 – Nexeo Solutions was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Nexeo Solutions, Inc. distributes chemicals and plastics products. The company’s line of business consists of Chemicals, Plastics and Environmental Services. It operates primarily in North America, Europe, the Middle East and Africa and Asia. Nexeo Solutions, Inc. is based in The Woodlands, Texas. “
  • 9/26/2017 – Nexeo Solutions was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Nexeo Solutions, Inc. distributes chemicals and plastics products. The company’s line of business consists of Chemicals, Plastics and Environmental Services. It operates primarily in North America, Europe, the Middle East and Africa and Asia. Nexeo Solutions, Inc. is based in The Woodlands, Texas. “
  • 9/16/2017 – Nexeo Solutions was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Nexeo Solutions, Inc. distributes chemicals and plastics products. The company’s line of business consists of Chemicals, Plastics and Environmental Services. It operates primarily in North America, Europe, the Middle East and Africa and Asia. Nexeo Solutions, Inc. is based in The Woodlands, Texas. “
  • 9/15/2017 – Nexeo Solutions had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $8.50 price target on the stock.
  • 9/8/2017 – Nexeo Solutions was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Nexeo Solutions, Inc. distributes chemicals and plastics products. The company’s line of business consists of Chemicals, Plastics and Environmental Services. It operates primarily in North America, Europe, the Middle East and Africa and Asia. Nexeo Solutions, Inc. is based in The Woodlands, Texas. “
  • 9/2/2017 – Nexeo Solutions was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Nexeo Solutions, Inc. distributes chemicals and plastics products. The company’s line of business consists of Chemicals, Plastics and Environmental Services. It operates primarily in North America, Europe, the Middle East and Africa and Asia. Nexeo Solutions, Inc. is based in The Woodlands, Texas. “
  • 8/12/2017 – Nexeo Solutions was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Nexeo Solutions, Inc. distributes chemicals and plastics products. The company’s line of business consists of Chemicals, Plastics and Environmental Services. It operates primarily in North America, Europe, the Middle East and Africa and Asia. Nexeo Solutions, Inc. is based in The Woodlands, Texas. “
  • 8/11/2017 – Nexeo Solutions had its price target lowered by analysts at Credit Suisse Group from $10.00 to $8.50. They now have a “neutral” rating on the stock.
  • 8/10/2017 – Nexeo Solutions had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $8.50 price target on the stock, down previously from $9.50.

Shares of Nexeo Solutions (NASDAQ NXEO) traded down 0.52% during mid-day trading on Thursday, reaching $7.62. 643,129 shares of the company were exchanged. Nexeo Solutions has a 12 month low of $6.74 and a 12 month high of $9.94. The company has a market capitalization of $679.80 million and a price-to-earnings ratio of 61.45. The firm’s 50-day moving average is $7.22 and its 200-day moving average is $8.27.

In other news, insider Park West Asset Management Llc sold 2,000,000 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $8.15, for a total transaction of $16,300,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Select Fund Ii L.P. Fpa purchased 18,700 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were acquired at an average price of $7.13 per share, for a total transaction of $133,331.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 807,700 shares of company stock worth $5,802,958 and have sold 2,017,796 shares worth $16,450,488. 0.07% of the stock is currently owned by company insiders.

Nexeo Solutions Inc, formerly WL Ross Holding Corp., is global distributor of chemicals products in North America and Asia, and plastics products in North America, Europe, the Middle East and Africa (EMEA) and Asia. The Company provides services, such as custom blending, packaging and re-packaging, private-label manufacturing and product testing in the form of chemical analysis, product performance analysis and product development.

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