Alembic Global Reaffirms Their Buy Rating on Trinseo (TSE)

In a report released today, Hassan Ahmed from Alembic Global maintained a Buy rating on Trinseo (TSEResearch Report), with a price target of $90. The company’s shares opened today at $57.73.

According to, Ahmed is a 2-star analyst with an average return of 0.9% and a 45.0% success rate. Ahmed covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Venator Materials Plc, and LyondellBasell.

Trinseo has an analyst consensus of Moderate Buy, with a price target consensus of $80.50.

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Based on Trinseo’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $98.3 million. In comparison, last year the company had a net profit of $33.22 million.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock.

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Trinseo SA engages in the manufacture and marketing of plastics, latex binders, and synthetic rubber. It operates through the Performance Materials and Basic Plastics & Feedstocks divisions. The Performance Materials division includes latex, synthetic rubber, and performance plastics segments.

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