Robert W. Baird Remains a Hold on Cabot Corporation

By Austin Angelo

Robert W. Baird analyst Ben Kallo reiterated a Hold rating on Cabot Corporation (NYSE: CBT) today and set a price target of $67. The company’s shares closed yesterday at $55.94.

According to TipRanks.com, Kallo is a 4-star analyst with an average return of 8.1% and a 55.7% success rate. Kallo covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Albemarle Corp, and Tesla Motors.

Cabot Corporation has an analyst consensus of Strong Buy, with a price target consensus of $73.25.

The company has a one-year high of $68.63 and a one-year low of $50.21. Currently, Cabot Corporation has an average volume of 440.7K.

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Cabot Corp. engages in the provision of specialty chemicals and performance materials. It operates through the following segments: Reinforcement Materials, Performance Chemicals, Purification Solutions, and Specialty Fluids. The Reinforcement Materials segment involves the rubber blacks and elastomer composites product lines.