PQ Group Holdings Inc. (PQG) Given Consensus Recommendation of “Buy” by Analysts
PQ Group Holdings Inc. (NYSE:PQG) has been given an average rating of “Buy” by the ten research firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $19.75.
A number of equities analysts have recently commented on PQG shares. KeyCorp started coverage on PQ Group in a report on Tuesday, October 24th. They issued an “overweight” rating and a $21.00 target price for the company. Evercore ISI initiated coverage on PQ Group in a research note on Tuesday, October 24th. They set an “outperform” rating and a $19.50 price target for the company. Jefferies Group initiated coverage on PQ Group in a research note on Tuesday, October 24th. They set a “buy” rating and a $23.00 price target for the company. Nomura initiated coverage on PQ Group in a research note on Tuesday, October 24th. They set a “buy” rating and a $20.00 price target for the company. Finally, Deutsche Bank decreased their price target on PQ Group from $20.00 to $19.00 and set a “buy” rating for the company in a research note on Thursday, November 16th.
PQ Group (NYSE:PQG) opened at $16.27 on Wednesday. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.84 and a quick ratio of 1.04. PQ Group has a 1-year low of $14.65 and a 1-year high of $17.65.
PQ Group 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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