TROX - Tronox Holdings plc
Region: US
Website: tronox.com
Employees: 6,610
IPO year: 2010
Issue type: Common Stock
Market: NYSE
Industry: Chemicals/Industrial Inorganic Chemicals
Sector: Manufacturing
Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. Its products are used for the manufacture of paints, coatings, plastics, and paper.
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Read moreTronox (TROX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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Read moreTronox price target lowered to $7 from $9 at Mizuho
Mizuho lowered the firm’s price target on Tronox (TROX) to $7 from $9 and keeps a Neutral rating on the shares. The firm updated price targets in the chemicals, agriculture, and packaging sector to reflect the recent market multiple reductions, and only modestly reduce forward year estimates as Mizuho does not have a recession forecast. However, lower oil prices will reduce the gas-linked cost advantage for many of the basic chemical stocks, the analyst tells investors in a research note. The fi
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