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 maximum price target given was 77, which equates to a potential upside of 15.72 percent. The lowest price target was 61, implying potential capital losses of -8.33 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 3.03 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.77 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, ASH has achieved a high of 67.90 and a low of 51.62. The current market price is above the trailing year's low by 28.9 percent, and below the high by 2 percent. ASH has a price/earnings 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.