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Olin (OLN) Stock Forecast & Price Target

$43.07
-0.45 (-1.03%)
(As of 09/18/2024 ET)

Olin - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 15 Wall Street analysts who have issued ratings for Olin in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 1 has given a sell rating, 8 have given a hold rating, and 6 have given a buy rating for OLN.

Consensus Price Target

$52.73
22.44% Upside
High Forecast$69.00
Average Forecast$52.73
Low Forecast$38.00

According to the 15 analysts' twelve-month price targets for Olin, the average price target is $52.73. The highest price target for OLN is $69.00, while the lowest price target for OLN is $38.00. The average price target represents a forecasted upside of 22.44% from the current price of $43.07.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$52.73$53.27$60.00$62.38
Forecasted Upside22.44% Upside15.10% Upside12.94% Upside13.49% Upside

OLN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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OLN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Olin Stock vs. The Competition

TypeOlinBasic Materials CompaniesS&P 500
Consensus Rating Score
2.33
2.72
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside22.44% Upside180.30% Upside7.94% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/3/2024BMO Capital Markets
4 of 5 stars
B. Lodaya
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Initiated CoverageMarket Perform$50.00+14.50%
8/8/2024Mizuho
2 of 5 stars
J. Roberts
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Initiated CoverageNeutral$45.00+9.76%
7/30/2024Piper Sandler
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$75.00 ➝ $57.00+27.83%
7/29/2024Bank of America
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 DowngradeBuy ➝ Neutral$62.00 ➝ $51.00+14.99%
7/29/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$55.00 ➝ $49.00+8.84%
7/29/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$59.00 ➝ $49.00+8.84%
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7/29/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$57.00 ➝ $48.00+6.50%
7/29/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$61.00 ➝ $52.00+15.76%
7/29/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$50.00 ➝ $48.00+6.27%
7/29/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$69.00 ➝ $62.00+39.04%
7/29/2024JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$55.00+23.35%
7/9/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$59.00 ➝ $51.00+11.99%
4/29/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$68.00 ➝ $69.00+28.95%
4/10/2024Citigroup
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 Boost TargetBuy ➝ Buy$63.00 ➝ $67.00+18.27%
10/30/2023Morgan Stanley
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 Lower TargetUnderweight ➝ Underweight$50.00 ➝ $38.00-9.95%
9/5/2023Vertical Research
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 DowngradeBuy ➝ Hold$58.00+11.58%
7/28/2023Credit Suisse Group
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 Boost TargetUnderperform$46.00 ➝ $47.00-15.66%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:27 AM ET.

OLN Forecast - Frequently Asked Questions

What is Olin's forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Olin is $52.73, with a high forecast of $69.00 and a low forecast of $38.00.

Should I buy or sell Olin stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Olin in the last year. There is currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OLN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OLN, but not buy additional shares or sell existing shares.

Does Olin's stock price have much upside?

According to analysts, Olin's stock has a predicted upside of 15.32% based on their 12-month stock forecasts.

Has Olin been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, Olin's stock had 1 upgrade and 1 downgrade by analysts.

Do Wall Street analysts like Olin more than its competitors?

Analysts like Olin less than other "basic materials" companies. The consensus rating for Olin is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how OLN compares to other companies.



This page (NYSE:OLN) was last updated on 9/19/2024 by MarketBeat.com Staff
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