TRONOX Ltd Receives a Sell from BWS Financial

By George MacDonald

BWS Financial analyst Hamed Khorsand reiterated a Sell rating on TRONOX Ltd (NYSE: TROX) today and set a price target of $17. The company’s shares opened today at $22.59.

TRONOX Ltd has an analyst consensus of Hold, with a price target consensus of $23.

The company has a one year high of $30.72 and a one year low of $19.53. Currently, TRONOX Ltd has an average volume of 441.2k.

According to TipRanks, Khorsand is a 3-star analyst with an average return of 3.4% and a 51.4% success rate. Khorsand covers the Technology sector, focusing on stocks such as Atlantic Tele-Network, Oplink Communications, and Geospace Technologies.

Tronox Ltd produces and sells titanium- bearing mineral sands and titanium dioxide pigment. It has two reportable operating segments, Mineral Sands and Pigment. Its corporate activities include electrolytic manufacturing and marketing operations.