Zacks: NL Industries Inc (NL) Given Consensus Rating of “Strong Sell” by Brokerages
Shares of NL Industries Inc (NYSE:NL) have been given an average broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell rating.
Brokerages have set a 12-month consensus price objective of $14.00 for the company, according to Zacks. Zacks has also assigned NL Industries an industry rank of 99 out of 265 based on the ratings given to related companies.
Separately, Barclays restated an “underweight” rating and issued a $14.00 target price (up from $7.00) on shares of NL Industries in a research note on Wednesday, November 15th.
Shares of NL Industries (NYSE NL) traded up $1.05 during trading hours on Friday, hitting $14.15. The company had a trading volume of 134,058 shares, compared to its average volume of 72,548. The stock has a market capitalization of $638.16, a PE ratio of 8.96 and a beta of 2.87. NL Industries has a one year low of $5.25 and a one year high of $16.05.
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NL Industries Company Profile
NL Industries, Inc is a holding company. The Company operates in the component products industry through its subsidiary, CompX International Inc (CompX). The Company operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc (Kronos). The Company, through Compx, manufactures engineered components that are sold to a range of industries, including recreational transportation (including boats), postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment.
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