Market Overview

UPDATE: Barclays Capital Reiterates On NL Industries Following Solid Net Income

Share:

In a report published Thursday, Barclays Capital analyst Duffy Fischer reiterated an Underweight rating on NL Industries (NYSE: NL), but lowered the price target from $10.00 to $9.00.

In the report, Barclays Capital noted, “NL Industries reported a net income of $0.08 vs. a loss of ($0.04) in 1Q'13. Driving the quarter for the company were stronger CompX results, higher equity earnings from their holding in Kronos, and lower environmental remediation costs.”

NL Industries closed on Wednesday at $8.80.

Latest Ratings for NL

DateFirmActionFromTo
Jun 2018UpgradesUnderweightEqual-Weight
Nov 2017MaintainsUnderweight
Dec 2015MaintainsEqual-Weight

View More Analyst Ratings for NL
View the Latest Analyst Ratings

Posted-In: Barclays Capital Duffy FischerAnalyst Color Price Target Analyst Ratings

 

Related Articles (NL)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
KHCUBSMaintains31.0
RPAYCantor FitzgeraldMaintains18.0
CMSCredit SuisseDowngrades
PBCTStephens & Co.Maintains15.5
TTECCowen & Co.Initiates Coverage On50.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com