Headlines about Kraton (NYSE:KRA) have been trending somewhat positive on Monday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kraton earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the specialty chemicals company an impact score of 45.7751110966786 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of equities analysts have issued reports on KRA shares. ValuEngine upgraded Kraton from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. TheStreet cut Kraton from a “b-” rating to a “c” rating in a report on Wednesday, October 25th. Zacks Investment Research upgraded Kraton from a “sell” rating to a “hold” rating and set a $56.00 target price on the stock in a report on Saturday, October 28th. Finally, UBS Group raised their target price on Kraton from $28.00 to $30.00 and gave the stock a “sell” rating in a report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Kraton currently has an average rating of “Hold” and a consensus price target of $51.50.
Kraton (NYSE:KRA) opened at $49.85 on Monday. Kraton has a 1-year low of $25.09 and a 1-year high of $53.39. The company has a current ratio of 2.27, a quick ratio of 1.19 and a debt-to-equity ratio of 2.85. The firm has a market capitalization of $1,560.11, a PE ratio of 65.59 and a beta of 1.13.
In other news, insider Kevin Michael Fogarty sold 1,042 shares of Kraton stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $50.00, for a total transaction of $52,100.00. Following the transaction, the insider now owns 197,731 shares in the company, valued at approximately $9,886,550. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.71% of the company’s stock.
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Kraton Corporation, formerly Kraton Performance Polymers, Inc, is a specialty chemicals company. The Company manufactures styrenic block copolymers (SBCs) and other engineered polymers. The Company also produces specialty products primarily derived from pine wood pulping co-products. The Company operates through two segments: Polymer Segment, which comprises SBCs and other engineered polymers business, and Chemical Segment, which comprises pine-based specialty products business.
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