Analyst Ratings for Ashland Global Holdings Inc. (ASH)Updated: 2017-07-26
Shares of Ashland Global Holdings Inc. (NYSE:ASH) have received a consensus rating of Overweight from Wall Street analysts. ASH had previously received a consensus rating of Overweight a month ago.
Of the 12 analysts covering the stock, 8 gave it a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.
ASH was given price targets by several analysts. The highest price target was 77, implying a possible profit of 15.72 percent. The most pessimistic price target was 61, implying a possible loss of -8.33 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.03 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.77 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
ASH has traded between a high of 67.90 and a low of 51.62 over the past year. Today's price is 28.9 percent above the 52-week low, and 2 percent lower than its 52-week high. ASH has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ASH value stock report compares ASH to some of its peers using value stock charts. The market cap of ASH is $4.17 billion. ASH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.