Analysts at StockNews.com began coverage on shares of NL Industries (NYSE:NL – Get Rating) in a research note issued to investors on Sunday. The brokerage set a “buy” rating on the basic materials company’s stock.
Separately, Barclays dropped their target price on NL Industries from $7.00 to $6.00 in a research report on Friday.
NL Industries Stock Performance
Shares of NL opened at $6.15 on Friday. NL Industries has a fifty-two week low of $5.95 and a fifty-two week high of $10.71. The business has a 50-day moving average of $7.13 and a 200 day moving average of $7.44. The firm has a market cap of $300.24 million, a P/E ratio of 8.91 and a beta of 0.79.
Hedge Funds Weigh In On NL Industries
About NL Industries
NL Industries, Inc is a holding company, which engages in the manufacture of component products and chemicals. Through its subsidiary, it offers engineered components, including mechanical and electrical cabinet locks, stainless steel exhaust components, gauges, throttle controls, wake enhancement systems, trim tabs, and related hardware and accessories.
- Get a free copy of the StockNews.com research report on NL Industries (NL)
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