Trinseo Receives a Buy from Jefferies

By Jason Carr

Jefferies analyst Laurence Alexander reiterated a Buy rating on Trinseo (NYSE: TSE) yesterday and set a price target of $82. The company’s shares opened today at $62.90.

According to TipRanks.com, Alexander is a 5-star analyst with an average return of 10.9% and a 63.1% success rate. Alexander covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and GCP Applied Technologies.

Trinseo has an analyst consensus of Moderate Buy, with a price target consensus of $76.

The company has a one year high of $72.60 and a one year low of $44.70. Currently, Trinseo has an average volume of 627.1K.

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Trinseo SA engages in the manufacture and marketing of emulsion polymers and plastics, including specialty and technologically differentiated products. It operates through the following business units: Emulsion Polymers and Plastics. The Emulsion Polymers unit includes Latex and Synthetic Rubber segment.