Evercore ISI Sticks to Its Hold Rating for Ashland (ASH)
In a report released today, Eric Boyes from Evercore ISI maintained a Hold rating on Ashland, with a price target of $62.00.
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According to TipRanks, Boyes is an analyst with an average return of -8.2% and a 18.18% success rate. Boyes covers the Basic Materials sector, focusing on stocks such as Eastman Chemical, Ecolab, and LyondellBasell.
Ashland has an analyst consensus of Moderate Buy, with a price target consensus of $59.71.
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 $33 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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