W R Grace (NYSE:GRA) “Overweight” Rating Reiterated Today By KeyBanc; The PT is Set to $85

July 27, 2018 - By Megan Stone

W. R. Grace & Co. (NYSE:GRA) Logo

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.51, from 1.34 in 2017Q4. It dived, as 32 investors sold W. R. Grace & Co. shares while 87 reduced holdings. 35 funds opened positions while 64 raised stakes. 54.89 million shares or 3.19% less from 56.69 million shares in 2017Q4 were reported.

Metropolitan Life Insur Ny invested 0% of its portfolio in W. R. Grace & Co. (NYSE:GRA). 70,074 were accumulated by Commercial Bank Of Montreal Can. Toronto Dominion State Bank holds 4,638 shares. Raymond James Fincl Advisors invested in 0.1% or 274,792 shares. Dimensional Fund Lp accumulated 373,909 shares. Nomura Asset Mgmt Company Ltd holds 9,251 shares or 0.01% of its portfolio. Stratos Wealth Ptnrs invested in 0% or 1,163 shares. Canada Pension Plan Inv Board holds 0.01% or 66,000 shares. Stanley owns 75,385 shares. Cibc Asset Management Incorporated reported 0% in W. R. Grace & Co. (NYSE:GRA). Great West Life Assurance Co Can holds 21,300 shares or 0% of its portfolio. Daiwa Securities Gru Inc stated it has 2,150 shares. 200,333 were reported by Balyasny Asset Management Limited Liability Co. Citadel Advsr Lc reported 0% in W. R. Grace & Co. (NYSE:GRA). Tiaa Cref Invest Management Ltd Llc accumulated 0.1% or 2.35M shares.

Since February 13, 2018, it had 3 insider buys, and 0 sales for $660,474 activity. Shares for $65,758 were bought by Cole Keith N on Wednesday, February 14. On Friday, February 16 the insider Brown Elizabeth C bought $248,520.

W R Grace (NYSE:GRA) Rating Reaffirmed

New York: In a note issued to clients on Friday, 27 July, KeyBanc reconfirmed their “Overweight” rating on W R Grace (NYSE:GRA) shares. They now have a $85 target price on the firm. KeyBanc’s target indicates a potential upside of 13.85 % from the company’s last stock close price.

W. R. Grace & Co. (NYSE:GRA) Ratings Coverage

Among 7 analysts covering WR Grace (NYSE:GRA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. WR Grace has $88.0 highest and $76.0 lowest target. $81’s average target is 8.49% above currents $74.66 stock price. WR Grace had 11 analyst reports since February 9, 2018 according to SRatingsIntel. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Buy” rating by BMO Capital Markets on Wednesday, April 25. The company was maintained on Wednesday, April 11 by Credit Suisse. As per Friday, February 9, the company rating was maintained by KeyBanc Capital Markets. The stock of W. R. Grace & Co. (NYSE:GRA) has “Buy” rating given on Wednesday, May 16 by Jefferies. The stock of W. R. Grace & Co. (NYSE:GRA) has “Buy” rating given on Friday, February 9 by Robert W. Baird. The firm has “Overweight” rating given on Thursday, April 26 by KeyBanc Capital Markets. The rating was maintained by Seaport Global on Monday, February 12 with “Buy”. The stock of W. R. Grace & Co. (NYSE:GRA) has “Outperform” rating given on Tuesday, June 5 by BMO Capital Markets. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Buy” rating by Robert W. Baird on Tuesday, April 17. BMO Capital Markets initiated the stock with “Buy” rating in Tuesday, March 27 report.

The stock increased 2.34% or $1.71 during the last trading session, reaching $74.66. About 1.59M shares traded or 93.19% up from the average. W. R. Grace & Co. (NYSE:GRA) has declined 0.65% since July 27, 2017 and is downtrending. It has underperformed by 13.22% the S&P500.

W. R. Grace & Co. produces and sells specialty chemicals and materials worldwide. The company has market cap of $5.02 billion. It operates through two divisions, Grace Catalysts Technologies and Grace Materials Technologies. It has a 458.04 P/E ratio. The Grace Catalysts Technologies segment offers fluid catalytic cracking catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and other petroleum products; FCC additives; and hydro processing catalysts used in process reactors to upgrade heavy oils into lighter products.

More recent W. R. Grace & Co. (NYSE:GRA) news were published by: Gurufocus.com which released: “Ted Weschler’s Portfolio Would Have Done Well” on July 24, 2018. Also Seekingalpha.com published the news titled: “WR Grace & Co. (GRA) Q2 2018 Results – Earnings Call Transcript” on July 26, 2018. Globenewswire.com‘s news article titled: “Grace Announces Release Date for Second Quarter 2018 Results” with publication date: July 05, 2018 was also an interesting one.

W. R. Grace & Co. (NYSE:GRA) Institutional Positions Chart

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