PQ Group Holdings Inc. (NYSE:PQG) released its quarterly earnings results on Monday. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03, Briefing.com reports. The business had revenue of $391.80 million for the quarter, compared to the consensus estimate of $393.86 million. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.12 EPS.

PQ Group Holdings (NYSE PQG) opened at $15.51 on Tuesday. PQ Group Holdings has a twelve month low of $15.35 and a twelve month high of $17.65.

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A number of research analysts have recently weighed in on PQG shares. Deutsche Bank AG started coverage on shares of PQ Group Holdings in a report on Tuesday, October 24th. They set a “buy” rating and a $20.00 price target on the stock. J P Morgan Chase & Co started coverage on shares of PQ Group Holdings in a report on Tuesday, October 24th. They set a “neutral” rating and a $17.00 price target on the stock. Morgan Stanley started coverage on shares of PQ Group Holdings in a report on Tuesday, October 24th. They set an “equal weight” rating and a $19.00 price target on the stock. Jefferies Group LLC started coverage on shares of PQ Group Holdings in a report on Tuesday, October 24th. They set a “buy” rating and a $23.00 price target on the stock. Finally, Citigroup Inc. started coverage on shares of PQ Group Holdings in a report on Tuesday, October 24th. They set a “buy” rating and a $20.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $19.85.

PQ Group Holdings Company Profile

PQ Group Holdings Inc is a global provider of catalysts, specialty materials, chemicals and services that enable environmental improvements. The Company’s products and solutions help companies produce vehicles with fuel efficiency. The Company has developed zeolite-based catalysts to reduce pollutants in diesel engines.

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