Market Overview

UPDATE: Jefferies Raises PT on PolyOne Corporation on Spartech Acquisition

Related POL
Earnings Scheduled For January 27, 2017
Organic Growth For PolyOne Remains Elusive, Says Goldman
PolyOne Corporation (POL) Presents At Seaport Global 2017 Transports and Industrials Conference - Slideshow (Seeking Alpha)

In a report published Wednesday, Jefferies analyst Laurence Alexander reiterated his Buy rating on PolyOne Corporation (NYSE: POL), and raised his price target from $27.00 to $29.00.

In the report, Alexander noted, “To reflect the completion of the Spartech acquisition, we are raising our 12-month price target for PolyOne $2 to $29, which effectively maintains our target multiple at 7.6x EBITDA and implies 16% total return.”

PolyOne Corporation closed on Tuesday at $24.90.

Latest Ratings for POL

Oct 2016JefferiesMaintainsHold
Jul 2016Goldman SachsDowngradesBuyNeutral
Apr 2016Seaport GlobalUpgradesNeutralBuy

View More Analyst Ratings for POL
View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings


Related Articles (POL)

View Comments and Join the Discussion!