Analysts Set Tronox Holdings plc (NYSE:TROX) Price Target at $14.71

Shares of Tronox Holdings plc (NYSE:TROXGet Free Report) have earned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $14.71.

A number of research analysts have issued reports on TROX shares. BMO Capital Markets raised shares of Tronox from a “market perform” rating to an “outperform” rating and increased their target price for the company from $11.00 to $18.00 in a report on Monday, December 18th. UBS Group increased their price target on shares of Tronox from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, January 11th. Barclays lowered their price target on shares of Tronox from $15.00 to $14.00 and set an “overweight” rating on the stock in a research report on Monday, October 30th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $11.00 price target (down from $16.00) on shares of Tronox in a research report on Friday, October 27th.

Read Our Latest Stock Analysis on Tronox

Tronox Trading Up 3.0 %

Shares of Tronox stock opened at $14.02 on Thursday. Tronox has a 12-month low of $10.08 and a 12-month high of $16.90. The company has a current ratio of 3.32, a quick ratio of 1.10 and a debt-to-equity ratio of 1.37. The stock has a market cap of $2.20 billion, a PE ratio of -8.01, a price-to-earnings-growth ratio of 12.42 and a beta of 1.96. The company has a 50-day moving average of $13.51 and a two-hundred day moving average of $12.83.

Institutional Trading of Tronox

A number of hedge funds have recently bought and sold shares of the company. Covestor Ltd boosted its position in Tronox by 9.4% during the second quarter. Covestor Ltd now owns 9,892 shares of the company’s stock worth $126,000 after acquiring an additional 853 shares during the last quarter. Aurora Investment Counsel boosted its holdings in shares of Tronox by 1.6% in the 2nd quarter. Aurora Investment Counsel now owns 56,739 shares of the company’s stock valued at $721,000 after purchasing an additional 907 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of Tronox by 2.8% in the 3rd quarter. Arizona State Retirement System now owns 33,469 shares of the company’s stock valued at $450,000 after purchasing an additional 923 shares during the last quarter. Natixis Advisors L.P. boosted its holdings in shares of Tronox by 4.9% in the 3rd quarter. Natixis Advisors L.P. now owns 20,471 shares of the company’s stock valued at $275,000 after purchasing an additional 959 shares during the last quarter. Finally, Vontobel Holding Ltd. boosted its holdings in shares of Tronox by 3.6% in the 2nd quarter. Vontobel Holding Ltd. now owns 41,675 shares of the company’s stock valued at $530,000 after purchasing an additional 1,464 shares during the last quarter. Institutional investors and hedge funds own 70.22% of the company’s stock.

About Tronox

(Get Free Report

Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; monazite; titanium tetrachloride; and other products.

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Analyst Recommendations for Tronox (NYSE:TROX)

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