Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Olin Corp (NYSE: OLN) weakened recently. OLN’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 6/14/24, Olin Corp (NYSE: OLN) stock declined by -2.7%, closing at $49.97. Trading volume in this decline was normal. The stock has been strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, OLN is expected to continue to be a major Value Builder.
Olin has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Olin has a neutral Appreciation Score of 54 and a slightly positive Power Rating of 68, producing the High Neutral Value Trend Rating.
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