Were Analysts Bearish Trinseo S.A. (NYSE:TSE) This Week?

Trinseo S.A. (NYSE:TSE) Logo

Trinseo S.A. (NYSE:TSE) Ratings Coverage

Among 2 analysts covering Trinseo (NYSE:TSE), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Trinseo has $3200 highest and $3200 lowest target. $32’s average target is -24.31% below currents $42.28 stock price. Trinseo had 7 analyst reports since April 27, 2019 according to SRatingsIntel. The rating was downgraded by Citigroup to “Sell” on Wednesday, October 9. The firm has “Equal-Weight” rating given on Wednesday, August 14 by Morgan Stanley. The firm has “Neutral” rating by Citigroup given on Tuesday, August 13. Below is a list of Trinseo S.A. (NYSE:TSE) latest ratings and price target changes.

09/10/2019 Broker: Citigroup Old Rating: Neutral New Rating: Sell Old Target: $35.0000 New Target: $32.0000 Downgrade
08/10/2019 Broker: BidaskScore Rating: Hold Downgrade
14/08/2019 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $49.0000 New Target: $32.0000 Maintain
13/08/2019 Broker: Citigroup Old Rating: Buy New Rating: Neutral Old Target: $48.0000 New Target: $32.0000 Downgrade
17/07/2019 Broker: Goldman Sachs Old Rating: Neutral New Rating: Sell Downgrade
16/05/2019 Broker: BidaskScore Rating: Sell Downgrade
27/04/2019 Broker: BidaskScore Rating: Sell Downgrade

The stock increased 6.79% or $2.69 during the last trading session, reaching $42.28. About 546,130 shares traded. Trinseo S.A. (NYSE:TSE) has declined 46.65% since October 12, 2018 and is downtrending. It has underperformed by 46.65% the S&P500.

Trinseo S.A., a materials company, manufactures and markets synthetic rubber, latex binders, and plastic products in Europe, North America, Latin America, and the Asia Pacific. The company has market cap of $1.73 billion. The firm operates through Latex Binders, Synthetic Rubber, Performance Plastics, Basic Plastics, Feedstocks, and Americas Styrenics divisions. It has a 12.99 P/E ratio. The Latex Binders segment offers styrene-butadiene, styrene-acrylate, vinylidene chloride, and butadiene-methacrylate latex products for the commercial and niche carpet markets, as well as performance latex products for the adhesive, building and construction, and technical textile paper markets.

More notable recent Trinseo S.A. (NYSE:TSE) news were published by: Finance.Yahoo.com which released: “Boasting A 18% Return On Equity, Is Trinseo S.A. (NYSE:TSE) A Top Quality Stock? – Yahoo Finance” on October 04, 2019, also Businesswire.com with their article: “Trinseo Completes Acquisition of Latex Binders Assets and Rheinmunster Site in Germany – Business Wire” published on October 01, 2019, Businesswire.com published: “Trinseo Announces Quarterly Dividend – Business Wire” on September 25, 2019. More interesting news about Trinseo S.A. (NYSE:TSE) were released by: Businesswire.com and their article: “Trinseo to Build New TPE Pilot Facility in Hsinchu, Taiwan – Business Wire” published on October 07, 2019 as well as Businesswire.com‘s news article titled: “Trinseo Announces 3.3 Million Share Repurchase Program – Business Wire” with publication date: August 28, 2019.

Trinseo S.A. (NYSE:TSE) Ratings Chart

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