Blurbs

Alembic Global Keeps Their Buy Rating on TRONOX (TROX)

Alembic Global analyst Hassan Ahmed maintained a Buy rating on TRONOX (TROXResearch Report) on June 6 and set a price target of $31.00. The company’s shares closed last Thursday at $15.99, close to its 52-week low of $15.54.

According to TipRanks.com, Ahmed is a 5-star analyst with an average return of 8.4% and a 47.9% success rate. Ahmed covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Westlake Chemical, and Venator Materials.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TRONOX with a $26.33 average price target, representing a 56.4% upside. In a report issued on June 14, Bank of America Securities also maintained a Buy rating on the stock with a $23.00 price target.

See the top stocks recommended by analysts >>

TRONOX’s market cap is currently $2.49B and has a P/E ratio of 9.00.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TROX in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Tronox Holdings Plc engages in the mining and inorganic chemical business. Its products include Titanium Dioxide Mineral Sands. The firm also mines and processes titanium ore, zircon and other minerals, and manufactures titanium dioxide pigments. The company was founded in March 2012 and is headquartered in Stamford, CT.

Read More on TROX:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos