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POL

PolyOne

$41.71

0.05 (0.12%)

16:54
02/07/18
02/07
16:54
02/07/18
16:54

PolyOne to begin thermoplastic elastomer production in India

PolyOne expects to begin production of thermoplastic elastomers this summer at its existing facility in Pune, India. PolyOne currently produces color and additive concentrates and engineered polymer solutions at the Pune facility. PolyOne opened a new facility in Pune in 2014, initially focused on the production of colorant and additive concentrates to serve end markets. The company expanded manufacturing capability to include specialty engineered materials last year.

  • 10

    May

POL PolyOne
$41.71

0.05 (0.12%)

08/16/17
OPCO
08/16/17
INITIATION
Target $43
OPCO
Outperform
PolyOne initiated with an Outperform at Oppenheimer
Oppenheimer analyst Colin Rusch initiated PolyOne with an Outperform and $43 price target.
10/31/17
RHCO
10/31/17
NO CHANGE
Target $49
RHCO
Buy
PolyOne price target raised to $49 from $42 at SunTrust
SunTrust analyst Jason Freuchtel raised his price target on PolyOne to $49 following Q3 earnings that beat expectations as a result of lower than expected tax rate. Freuchtel says the organic revenue growth was impressive and can be maintained due to the company's investments in its sales and marketing areas. The analyst also notes an increase in free cash flow outlook for FY17, keeping his Buy rating on PolyOne.
01/16/18
BARD
01/16/18
DOWNGRADE
BARD
Neutral
PolyOne downgraded to Neutral from Outperform at Baird
01/16/18
BARD
01/16/18
DOWNGRADE
Target $46
BARD
Neutral
PolyOne downgraded to Neutral at Baird
As previously reported, Baird analyst Ben Kallo downgraded PolyOne to Neutral from Outperform. The analyst cited valuation following a strong performance over the last twelve months, noting the shares are trading above historical multiples. Kallo maintained his $46 price target on PolyOne shares.

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