JP Morgan Issues a Upgrade for PQ Group Holdings Inc. Common Stock (PQG) from a “Neutral” to “Overweight” Rating

May 17, 2018 - By Hannah Black

PQ Group Holdings Inc. Common Stock (PQG) Stock Upgrade

Expert analysts at the JP Morgan equity division boosted shares of PQ Group Holdings Inc. Common Stock (PQG) from a “Neutral” to a “Overweight” on Thursday morning.

PQ Group Holdings Inc. (NYSE:PQG) Ratings Coverage

Among 2 analysts covering PQ Group Holdings Inc. Common Stock (PQG), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PQ Group Holdings Inc. Common Stock has $21 highest and $20 lowest target. $20.50’s average target is 32.60% above currents $15.46 stock price. PQ Group Holdings Inc. Common Stock had 2 analyst reports since March 28, 2018 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, April 12 by KeyBanc Capital Markets.

The stock increased 6.62% or $0.96 during the last trading session, reaching $15.46. About 254,991 shares traded or 129.92% up from the average. PQ Group Holdings Inc. (PQG) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await PQ Group Holdings Inc. (NYSE:PQG) to report earnings on August, 9. PQG’s profit will be $39.22 million for 13.33 P/E if the $0.29 EPS becomes a reality. After $0.16 actual earnings per share reported by PQ Group Holdings Inc. for the previous quarter, Wall Street now forecasts 81.25 % EPS growth.

PQ Group Holdings Inc. provides catalysts, specialty materials and chemicals, and services. The company has market cap of $2.09 billion. The firm operates through two divisions, Environmental Catalysts and Services: and Performance Materials and Chemicals. It currently has negative earnings. It primarily offers refinery catalysts, emissions control catalysts, and catalyst recycling services for fuels emissions controls use; silica gels for edible oil and beer clarification; precipitated silicas and zeolites for the surface coating, dentifrice, and dishwasher and laundry detergent applications; reflective markings for roadways and airports; and hollow glass beads or microspheres for cement additive, metal finishing, and oil well cement uses.

Another recent and important PQ Group Holdings Inc. (NYSE:PQG) news was published by Seekingalpha.com which published an article titled: “PQ Group Holdings’ (PQG) CEO Jim Gentilcore on Q1 2018 Results – Earnings Call Transcript” on May 10, 2018.

PQ Group Holdings Inc. (NYSE:PQG) Ratings Chart

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