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.

Several large investors have recently added to or reduced their stakes in NL. Alliancebernstein L.P. purchased a new position in NL Industries during the second quarter worth about $103,000. Teachers Advisors LLC grew its position in NL Industries by 15.7% during the second quarter. Teachers Advisors LLC now owns 17,947 shares of the basic materials company’s stock worth $127,000 after buying an additional 2,435 shares in the last quarter. JPMorgan Chase & Co. grew its position in NL Industries by 2,760.4% during the third quarter. JPMorgan Chase & Co. now owns 15,103 shares of the basic materials company’s stock worth $142,000 after buying an additional 14,575 shares in the last quarter. TIAA CREF Investment Management LLC grew its position in NL Industries by 114.9% during the second quarter. TIAA CREF Investment Management LLC now owns 39,410 shares of the basic materials company’s stock worth $278,000 after buying an additional 21,067 shares in the last quarter. Finally, Chicago Equity Partners LLC grew its position in NL Industries by 168.7% during the second quarter. Chicago Equity Partners LLC now owns 42,915 shares of the basic materials company’s stock worth $303,000 after buying an additional 26,945 shares in the last quarter. Institutional investors own 9.34% of the company’s stock.

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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