Polyone Corp Receives a Hold from Jefferies

By Austin Angelo

In a report released yesterday, Laurence Alexander from Jefferies reiterated a Hold rating on Polyone Corp (NYSE: POL), with a price target of $42. The company’s shares closed yesterday at $37.29.

According to TipRanks.com, Alexander is a top 100 analyst with an average return of 13.8% and a 71.0% success rate. Alexander covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and GCP Applied Technologies.

Polyone Corp has an analyst consensus of Strong Buy, with a price target consensus of $42.50.

Polyone Corp’s market cap is currently $3.05B and has a P/E ratio of 12.99. The company has a book value ratio of 5.4728.

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PolyOne Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution.