Shares of Trinseo S.A. (NYSE:TSE) have received an average recommendation of “Buy” from the nine research firms that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $85.50.

A number of equities analysts have recently commented on TSE shares. Zacks Investment Research raised Trinseo from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a report on Thursday, November 9th. Alembic Global Advisors reissued a “buy” rating on shares of Trinseo in a report on Monday, December 11th. Jefferies Group boosted their price target on Trinseo from $82.00 to $85.00 and gave the stock a “buy” rating in a report on Monday, November 6th. Deutsche Bank boosted their price target on Trinseo to $92.00 and gave the stock a “buy” rating in a report on Monday, January 15th. Finally, Barclays boosted their price target on Trinseo from $73.00 to $78.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 7th.

Trinseo (NYSE TSE) opened at $80.20 on Thursday. The company has a current ratio of 2.59, a quick ratio of 1.78 and a debt-to-equity ratio of 2.05. Trinseo has a fifty-two week low of $57.70 and a fifty-two week high of $85.35. The company has a market capitalization of $3,510.00, a price-to-earnings ratio of 12.57, a PEG ratio of 0.91 and a beta of 2.31.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th were given a dividend of $0.36 per share. The ex-dividend date was Monday, January 8th. This represents a $1.44 dividend on an annualized basis and a yield of 1.80%. Trinseo’s dividend payout ratio is currently 22.57%.

Hedge funds have recently modified their holdings of the stock. Canada Pension Plan Investment Board bought a new stake in Trinseo during the 3rd quarter worth $161,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Trinseo by 44.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,465 shares of the basic materials company’s stock worth $179,000 after acquiring an additional 756 shares during the last quarter. Royal Bank of Canada grew its position in Trinseo by 47.7% during the 2nd quarter. Royal Bank of Canada now owns 2,611 shares of the basic materials company’s stock worth $179,000 after acquiring an additional 843 shares during the last quarter. Citigroup Inc. grew its position in Trinseo by 10.7% during the 2nd quarter. Citigroup Inc. now owns 2,698 shares of the basic materials company’s stock worth $185,000 after acquiring an additional 260 shares during the last quarter. Finally, Trilogy Capital Inc. bought a new stake in Trinseo during the 4th quarter worth $224,000.

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About Trinseo

Trinseo SA is a materials company engaged in the manufacture and marketing of synthetic rubber, latex and plastics. The Company’s segments include Latex Binders, Synthetic Rubber, Performance Plastics, Basic Plastics, Feedstocks and Americas Styrenics. The Latex Binders segment produces styrene-butadiene latex (SB latex) and other latex polymers and binders.

Analyst Recommendations for Trinseo (NYSE:TSE)

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