Shares of OCI (OTCMKTS:OCINF – Get Rating) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $42.00.
OCINF has been the subject of a number of analyst reports. Citigroup raised their price target on OCI from €44.00 ($44.90) to €46.00 ($46.94) and gave the stock a “buy” rating in a research report on Monday, October 3rd. Berenberg Bank downgraded shares of OCI from a “buy” rating to a “hold” rating in a report on Wednesday, October 12th. Finally, JPMorgan Chase & Co. lowered shares of OCI from an “overweight” rating to a “neutral” rating in a research report on Monday, November 7th.
OCI Price Performance
OTCMKTS:OCINF opened at $36.75 on Tuesday. The business has a 50 day simple moving average of $37.97 and a 200-day simple moving average of $35.89. OCI has a 1 year low of $24.80 and a 1 year high of $41.75.
OCI N.V. produces and distributes natural gas-based products and industrial chemicals to agricultural, transportation, and industrial customers. It operates through Methanol US, Methanol Europe, Nitrogen US, Nitrogen Europe, and Fertiglobe segments. The company offers anhydrous ammonia, granular urea, urea ammonium nitrate solution, calcium ammonium nitrate, ammonium sulphate, nitrogen argon, aqueous ammonia, nitric acid, urea solution, bio-methanol, methanol, melamine, and diesel exhaust fluid, as well as and other nitrogen products.
- Get a free copy of the StockNews.com research report on OCI (OCINF)
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