BidaskClub upgraded shares of A. Schulman (NASDAQ:SHLM) from a sell rating to a hold rating in a research note released on Thursday.
Several other equities analysts have also recently issued reports on SHLM. Zacks Investment Research upgraded A. Schulman from a sell rating to a strong-buy rating and set a $41.00 target price on the stock in a research report on Saturday, October 21st. ValuEngine cut A. Schulman from a buy rating to a hold rating in a research report on Monday, August 28th. SunTrust Banks reiterated a hold rating on shares of A. Schulman in a research report on Friday, October 27th. Longbow Research upgraded A. Schulman from a neutral rating to a buy rating and set a $37.00 target price on the stock in a research report on Friday, August 25th. Finally, TheStreet upgraded A. Schulman from a c- rating to a b- rating in a research report on Tuesday, November 7th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. A. Schulman has an average rating of Hold and a consensus price target of $39.00.
A. Schulman (NASDAQ:SHLM) opened at $36.80 on Thursday. The stock has a market capitalization of $1,097.40, a PE ratio of 42.30, a P/E/G ratio of 1.83 and a beta of 1.57. A. Schulman has a 52-week low of $25.00 and a 52-week high of $39.85. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.68 and a quick ratio of 1.09.
Several institutional investors and hedge funds have recently added to or reduced their stakes in SHLM. Royce & Associates LP grew its holdings in shares of A. Schulman by 77.2% in the 2nd quarter. Royce & Associates LP now owns 559,015 shares of the basic materials company’s stock worth $17,888,000 after acquiring an additional 243,479 shares during the period. Vanguard Group Inc. grew its holdings in shares of A. Schulman by 8.7% in the 2nd quarter. Vanguard Group Inc. now owns 2,885,838 shares of the basic materials company’s stock worth $92,346,000 after acquiring an additional 231,248 shares during the period. Koch Industries Inc. acquired a new stake in shares of A. Schulman in the 2nd quarter worth approximately $217,000. Goldman Sachs Group Inc. grew its holdings in shares of A. Schulman by 294.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 280,629 shares of the basic materials company’s stock worth $8,980,000 after acquiring an additional 209,446 shares during the period. Finally, Gamco Investors INC. ET AL lifted its stake in A. Schulman by 952.8% in the 3rd quarter. Gamco Investors INC. ET AL now owns 189,500 shares of the basic materials company’s stock valued at $6,471,000 after buying an additional 171,500 shares in the last quarter. Institutional investors and hedge funds own 78.94% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This piece of content was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.com-unik.info/2017/12/24/a-schulman-shlm-lifted-to-hold-at-bidaskclub.html.
A. Schulman Company Profile
A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.
Receive News & Ratings for A. Schulman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A. Schulman and related companies with MarketBeat.com's FREE daily email newsletter.