Brokerages Set Quaker Houghton (NYSE:KWR) Price Target at $158.67

Quaker Houghton (NYSE:KWR) has been given an average recommendation of “Hold” by the six research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $158.6667.

A number of equities research analysts recently weighed in on KWR shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $190.00 price target on shares of Quaker Houghton in a research report on Wednesday, January 21st. Zacks Research upgraded Quaker Houghton from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. Finally, Wall Street Zen cut Quaker Houghton from a “buy” rating to a “hold” rating in a research report on Saturday, January 24th.

Hedge Funds Weigh In On Quaker Houghton

A number of institutional investors have recently modified their holdings of KWR. Kohmann Bosshard Financial Services LLC acquired a new stake in Quaker Houghton during the 4th quarter worth $27,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Quaker Houghton in the third quarter valued at about $28,000. TD Waterhouse Canada Inc. acquired a new stake in shares of Quaker Houghton during the second quarter worth about $30,000. EverSource Wealth Advisors LLC grew its holdings in shares of Quaker Houghton by 284.8% during the second quarter. EverSource Wealth Advisors LLC now owns 304 shares of the specialty chemicals company’s stock worth $34,000 after buying an additional 225 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in Quaker Houghton by 165.0% in the 4th quarter. Farther Finance Advisors LLC now owns 273 shares of the specialty chemicals company’s stock valued at $37,000 after acquiring an additional 170 shares during the period. 77.46% of the stock is owned by institutional investors and hedge funds.

Quaker Houghton Stock Performance

Shares of Quaker Houghton stock opened at $174.64 on Friday. The company has a quick ratio of 1.77, a current ratio of 2.47 and a debt-to-equity ratio of 0.61. Quaker Houghton has a 52 week low of $95.91 and a 52 week high of $183.01. The firm’s 50 day moving average is $154.19 and its two-hundred day moving average is $141.75. The firm has a market capitalization of $3.03 billion, a P/E ratio of -356.42, a P/E/G ratio of 1.70 and a beta of 1.35.

About Quaker Houghton

Quaker Houghton is a global provider of process fluids, chemical specialties and sustainable solutions for industrial applications. The company develops and supplies metalworking fluids, coatings, and corrosion inhibitors, as well as heat transfer, lubrication and additive products designed to improve productivity and extend equipment life. Its portfolio addresses a range of end markets including automotive, aerospace, defense, energy, mining, agriculture and heavy industry.

The company traces its roots back to the founding of Quaker Chemical Corporation in 1918 and Houghton International in 1865.