Price Action to Note: Trinseo S.A.’s Stock Is Buy After Today’s Huge Increase

Price Action to Note: Trinseo S.A.'s Stock Is Buy After Today's Huge Increase

The stock of Trinseo S.A. (NYSE:TSE) is a huge mover today! About 761,531 shares traded hands. Trinseo S.A. (NYSE:TSE) has risen 31.92% since April 8, 2016 and is uptrending. It has outperformed by 26.28% the S&P500.
The move comes after 6 months positive chart setup for the $2.36 billion company. It was reported on Nov, 10 by Barchart.com. We have $81.16 PT which if reached, will make NYSE:TSE worth $1.27B more.

Trinseo S.A. (NYSE:TSE) Ratings Coverage

Out of 3 analysts covering Trinseo (NYSE:TSE), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Trinseo has been the topic of 7 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock of Trinseo S.A. (NYSE:TSE) has “Buy” rating given on Thursday, August 6 by Deutsche Bank. The firm has “Equal Weight” rating by Barclays Capital given on Friday, August 7. The firm earned “Neutral” rating on Monday, April 18 by Citigroup. The firm earned “Buy” rating on Thursday, August 6 by Zacks. As per Thursday, August 4, the company rating was maintained by Citigroup. The rating was maintained by Citigroup with “Neutral” on Friday, August 7.

According to Zacks Investment Research, “Trinseo S.A. is a global materials company and manufacturer of plastics, latex and rubber. The Company’s technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Its major products include styrene-butadiene latex, styrene-acrylate latex, solution styrene-butadiene rubber, lithium polybutadiene rubber, emulsion styrene-butadiene rubber, nickel polybutadiene rubber, polystyrene, expandable polystyrene, acrylonitrile-butadiene-styrene, styrene-acrylonitrile, ignition resistant polystyrene, polycarbonate resins, compounds and blends, and polypropylene compounds. Trinseo S.A. is based in Berwyn, Pennsylvania.”

More news for Trinseo S.A. (NYSE:TSE) were recently published by: Nasdaq.com, which released: “Trinseo S.A. (TSE) Ex-Dividend Date Scheduled for October 07, 2016” on October 06, 2016. Reuters.com‘s article titled: “BRIEF-Trinseo SA – Does not expect that Brexit will have a material impact…” and published on June 24, 2016 is yet another important article.

TSE Company Profile

Trinseo S.A., incorporated on June 14, 2010, is a materials firm engaged in the manufacture and marketing of synthetic rubber, latex and plastics, including various specialty and technologically differentiated products. The Firm operates under two divisions: Performance Materials and Basic Plastics & Feedstocks. The Performance Materials division’s divisions include Synthetic Rubber, Latex and Performance Plastics. The Latex segment produces styrene-butadiene latex (SB latex) for coated paper and packaging board, carpet and artificial turf backings, as well as a number of performance latex applications. The Synthetic Rubber segment produces synthetic rubber products used in tires, with additional applications in polymer modification and technical rubber goods, including conveyer and fan belts, hoses, seals and gaskets. The Performance Plastics divisions produces highly engineered compounds and blends for automotive end markets, as well as consumer electronics, medical, electrical and lighting, collectively consumer essential markets (CEM). The Basic Plastics & Feedstocks segment includes styrenic polymers, polycarbonate (PC) and styrene monomer, and also includes the Company’s joint ventures, Americas Styrenics LLC and Sumika Styron Polycarbonate Limited.

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