Home / Royal Mail / Olin (OLN) Reaches $20.60 After 5.00% Down Move; Royal Mail plc (LON:RMG) Had 0 Bulls

Olin (OLN) Reaches $20.60 After 5.00% Down Move; Royal Mail plc (LON:RMG) Had 0 Bulls

The stock of Olin Corporation (NYSE:OLN) is a huge mover today! The stock decreased 3.49% or $0.75 during the last trading session, reaching $20.6. About 985,500 shares traded. Olin Corporation (NYSE:OLN) has declined 35.58% since July 29, 2018 and is downtrending. It has underperformed by 40.01% the S&P500. Some Historical OLN News: 08/05/2018 – Olin Presenting at Deutsche Bank Conference Jun 7; 01/05/2018 – OLIN 1Q ADJ OPER EPS 12C, EST. 20C; 20/04/2018 – Olin at Goldman Sachs Basic Materials Conference May 15; 25/04/2018 – OLIN REPORTS NEW LEAD DIRECTOR; 26/04/2018 – Olin Declares 366th Consecutive Quarterly Dividend; 14/05/2018 – King Street Capital Mgmt LLC Exits Position in Olin; 01/05/2018 – Olin Corp 1Q EPS 12c; 23/04/2018 – S&PGR Upgrades Olin To ‘BB+’; Outlook Stable; Debt Rtgs Raised; 25/04/2018 – Olin Announces William Weideman as New Lead Director of Board; 23/04/2018 – Olin Presenting at UBS Mini Conference May 21The move comes after 8 months negative chart setup for the $3.40B company. It was reported on Jul, 29 by Barchart.com. We have $19.57 PT which if reached, will make NYSE:OLN worth $169.85M less.

Among 6 analysts covering Royal Mail Plc (LON:RMG), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. Royal Mail Plc had 28 analyst reports since January 30, 2019 according to SRatingsIntel. The stock has “Sell” rating by Deutsche Bank on Tuesday, June 4. The stock of Royal Mail plc (LON:RMG) earned “Neutral” rating by UBS on Monday, February 11. The stock of Royal Mail plc (LON:RMG) earned “Hold” rating by Societe Generale on Friday, June 14. The stock of Royal Mail plc (LON:RMG) has “Sell” rating given on Wednesday, January 30 by Berenberg. The stock of Royal Mail plc (LON:RMG) has “Sell” rating given on Friday, February 8 by Deutsche Bank. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, May 22 report. The rating was maintained by JP Morgan with “Underweight” on Wednesday, January 30. Jefferies maintained it with “Underperform” rating and GBX 170 target in Monday, June 3 report. The rating was maintained by Credit Suisse with “Underperform” on Wednesday, May 29. HSBC downgraded Royal Mail plc (LON:RMG) on Friday, June 7 to “Hold” rating. See Royal Mail plc (LON:RMG) latest ratings:

18/07/2019 Broker: Liberum Capital Rating: Hold Old Target: GBX 185.00 Maintain
15/07/2019 Broker: Morgan Stanley Rating: Equal Weight Upgrade
12/07/2019 Broker: Deutsche Bank Rating: Sell Old Target: GBX 150.00 Maintain
12/07/2019 Broker: Barclays Capital Rating: Overweight Old Target: GBX 250.00 Maintain
11/07/2019 Broker: Jefferies Rating: Underperform Old Target: GBX 170.00 Maintain
02/07/2019 Broker: Liberum Capital Rating: Hold Old Target: GBX 185.00 Maintain
28/06/2019 Broker: Deutsche Bank Rating: Sell Old Target: GBX 150.00 Maintain
14/06/2019 Broker: Societe Generale Rating: Hold Old Target: GBX 235.00 New Target: GBX 208.00 Upgrade
10/06/2019 Broker: Goldman Sachs Rating: Buy Old Target: GBX 320.00 Maintain
07/06/2019 Broker: HSBC Rating: Hold Old Target: GBX 300.00 New Target: GBX 216.00 Downgrade

More recent Royal Mail plc (LON:RMG) news were published by: Finance.Yahoo.com which released: “Royal Mail plc (LON:RMG): Immense Growth Potential? – Yahoo Finance” on July 29, 2019. Also Finance.Yahoo.com published the news titled: “What Do Analysts Think About Royal Mail plc’s (LON:RMG) Future? – Yahoo Finance” on May 29, 2019. Finance.Yahoo.com‘s news article titled: “Do Institutions Own Shares In Royal Mail plc (LON:RMG)? – Yahoo Finance” with publication date: May 09, 2019 was also an interesting one.

Royal Mail plc operates as an universal postal service well-known provider in the United Kingdom and other European countries. The company has market cap of 2.09 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It has a 11.96 P/E ratio. The firm also provides services for the collection, sorting, and delivery of parcels and letters; and creates and produces stamps and philatelic items, as well as offers media and marketing mail services.

The stock increased 0.54% or GBX 1.13 during the last trading session, reaching GBX 209.23. About 1.99M shares traded. Royal Mail plc (LON:RMG) has 0.00% since July 29, 2018 and is . It has underperformed by 4.43% the S&P500.

Analysts await Olin Corporation (NYSE:OLN) to report earnings on July, 31 after the close. They expect $-0.01 earnings per share, down 101.85% or $0.55 from last year’s $0.54 per share. After $0.28 actual earnings per share reported by Olin Corporation for the previous quarter, Wall Street now forecasts -103.57% negative EPS growth.

Investors sentiment increased to 1.37 in Q1 2019. Its up 0.16, from 1.21 in 2018Q4. It improved, as 25 investors sold Olin Corporation shares while 73 reduced holdings. 50 funds opened positions while 84 raised stakes. 147.98 million shares or 5.45% more from 140.33 million shares in 2018Q4 were reported. Tci Wealth Advisors has 0% invested in Olin Corporation (NYSE:OLN) for 22 shares. Glenmede Co Na accumulated 0% or 412 shares. Amer Century Inc reported 0% stake. Carroll Fincl Associates owns 108 shares for 0% of their portfolio. Hbk Invs L P reported 0.03% in Olin Corporation (NYSE:OLN). Jpmorgan Chase And Communications invested in 409,380 shares. State Board Of Administration Of Florida Retirement Sys reported 195,550 shares or 0.01% of all its holdings. Utah Retirement Systems has 31,066 shares for 0.01% of their portfolio. Tower Capital Limited Liability Corporation (Trc) owns 15,348 shares or 0.02% of their US portfolio. Deprince Race And Zollo Inc invested in 0.71% or 1.12 million shares. Arrowstreet Cap Partnership holds 0.04% or 735,338 shares. Fifth Third Comml Bank holds 0% of its portfolio in Olin Corporation (NYSE:OLN) for 867 shares. Ny State Teachers Retirement System holds 151,781 shares or 0.01% of its portfolio. Capital Fund Sa owns 14,396 shares for 0% of their portfolio. 12,478 are held by Gargoyle Invest Advisor Ltd Liability Co.

Among 3 analysts covering Olin (NYSE:OLN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Olin had 10 analyst reports since January 30, 2019 according to SRatingsIntel. The rating was downgraded by Nomura on Wednesday, January 30 to “Reduce”. The stock of Olin Corporation (NYSE:OLN) has “Equal-Weight” rating given on Friday, July 19 by Morgan Stanley. The firm has “Buy” rating given on Monday, June 24 by Alembic. Nomura upgraded Olin Corporation (NYSE:OLN) on Monday, April 15 to “Neutral” rating.

More notable recent Olin Corporation (NYSE:OLN) news were published by: Finance.Yahoo.com which released: “These Fundamentals Make Olin Corporation (NYSE:OLN) Truly Worth Looking At – Yahoo Finance” on June 30, 2019, also Finance.Yahoo.com with their article: “The Olin (NYSE:OLN) Share Price Is Down 26% So Some Shareholders Are Getting Worried – Yahoo Finance” published on June 14, 2019, Prnewswire.com published: “Olin Declares 371st Consecutive Quarterly Dividend – PRNewswire” on July 25, 2019. More interesting news about Olin Corporation (NYSE:OLN) were released by: Finance.Yahoo.com and their article: “Is Olin Corporation’s (NYSE:OLN) 12% ROE Worse Than Average? – Yahoo Finance” published on May 01, 2019 as well as Finance.Yahoo.com‘s news article titled: “Should You Worry About Olin Corporation’s (NYSE:OLN) CEO Salary Level? – Yahoo Finance” with publication date: May 30, 2019.

Since May 8, 2019, it had 1 insider purchase, and 0 sales for $165,678 activity. The insider Sutton Scott McDougald bought 8,000 shares worth $165,678.

Olin Corporation (NYSE:OLN) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.


Source link

About admin

Check Also

CWU LIVE – Postal Special with Dave Ward and Martin Walsh – End The Chaos Culture at Royal Mail

With a potential takeover by Czech billionaire Daniel Křetínský’s EP Group, tens of thousands of …

Leave a Reply

Your email address will not be published. Required fields are marked *