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UBS Keeps Their Buy Rating on Ashland (ASH)

Tipranks - Tipranks - Tue Feb 3, 12:18PM CST

UBS analyst Joshua Spector maintained a Buy rating on Ashland on January 30 and set a price target of $70.00.

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Spector covers the Basic Materials sector, focusing on stocks such as Linde, Air Products and Chemicals, and Albemarle. According to TipRanks, Spector has an average return of 3.1% and a 53.03% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ashland with a $65.67 average price target.

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Based on Ashland’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $478 million and a net profit of $32 million. In comparison, last year the company earned a revenue of $522 million and had a net profit of $16 million

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