According to TipRanks, Ahmed is a 4-star analyst with an average return of 5.5% and a 46.37% success rate. Ahmed covers the Basic Materials sector, focusing on stocks such as Olin, Trinseo, and Westlake Chemical.
Currently, the analyst consensus on Olin is a Moderate Buy with an average price target of $60.57, implying a 5.43% upside from current levels. In a report released on October 28, KeyBanc also maintained a Buy rating on the stock with a $58.00 price target.
OLN market cap is currently $7.87B and has a P/E ratio of 6.17.
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Olin Corp. engages in manufacturing of chemicals products. It operates through the following segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products and potassium hydroxide. . The Epoxy segment produces and sells epoxy materials, which includes allyl chloride, epichlorohydrin, liquid epoxy resins and downstream products such as converted epoxy resins and additives. The Winchester segment produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges. The company was founded by Franklin W. Olin in 1892 and is headquartered in Clayton, MO.
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