How Will Kraton (KRA) Stock React To New Rating Coverage byStifel?

Investors sentiment decreased to 0.89 in 2018 Q3. Its down 0.52, from 1.41 in 2018Q2. It is negative, as 20 investors sold Kraton Corporation shares while 70 reduced holdings. 23 funds opened positions while 57 raised stakes. 29.26 million shares or 0.33% more from 29.17 million shares in 2018Q2 were reported.

Amer Group has 0% invested in Kraton Corporation (NYSE:KRA). Moreover, Principal Financial Group Inc has 0.01% invested in Kraton Corporation (NYSE:KRA). Globeflex Cap Lp has invested 0.26% in Kraton Corporation (NYSE:KRA). First Hawaiian National Bank & Trust stated it has 0% of its portfolio in Kraton Corporation (NYSE:KRA). California Public Employees Retirement Systems invested in 55,686 shares. Grantham Mayo Van Otterloo Co Limited Liability reported 11,900 shares stake. Bailard reported 13,546 shares. Wells Fargo Company Mn accumulated 65,403 shares. Kbc Gp Nv holds 0% or 12,315 shares in its portfolio. First Trust Advsrs L P has 60,187 shares. 7,000 were reported by South Dakota Invest Council. Barclays Public Limited Company holds 0% or 47,877 shares. Fdx holds 5,077 shares. First Mercantile Trust owns 15,383 shares. Delta Capital Management Lc has invested 0.13% in Kraton Corporation (NYSE:KRA).

Since June 21, 2018, it had 0 insider buys, and 4 sales for $3.51 million activity. Shares for $454,113 were sold by Tremblay Stephen E.. 46,604 shares valued at $2.33M were sold by Fogarty Kevin Michael on Thursday, September 20.

Why Has Stifel Given Kraton (KRA) a $22.0 Price Target

In a note revealed to investors and clients on Tuesday, 11 December, professional analysts at Stifel began coverage for Kraton (KRA) shares. The firm has decided to set a “Hold” rating along with a $22.0, adding -55.13 % to the target.

The stock decreased 3.51% or $0.85 during the last trading session, reaching $23.39. About 249,042 shares traded. Kraton Corporation (KRA) has declined 47.85% since December 12, 2017 and is downtrending. It has underperformed by 47.85% the S&P500.

Analysts await Kraton Corporation (NYSE:KRA) to report earnings on February, 19. They expect $0.68 EPS, up 1.49 % or $0.01 from last year’s $0.67 per share. KRA’s profit will be $21.73 million for 8.60 P/E if the $0.68 EPS becomes a reality. After $1.02 actual EPS reported by Kraton Corporation for the previous quarter, Wall Street now forecasts -33.33 % negative EPS growth.

Kraton Corporation produces and sells styrenic block copolymers and other engineered polymers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company has market cap of $747.48 million. The firm offers performance products comprising unhydrogenated SBCs, which are primarily used in paving, roofing, adhesives, sealants, coatings, and footwear applications; and specialty polymers consisting of hydrogenated SBCs that are used in polymer modification, lubricant additives, personal care, adhesives and coatings, and cable gels, as well as in medical, industrial, consumer, and other applications. It has a 6.34 P/E ratio. It also provides isoprene rubber products that have applications in medical products, paints, coatings, and specialized footwear; and isoprene rubber latex products primarily for use in medical, healthcare, and personal care products, such as synthetic surgical gloves and condoms, as well as in food contact operations.

More notable recent Kraton Corporation (NYSE:KRA) news were published by: Seekingalpha.com which released: “Kraton Corporation 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on October 25, 2018, also Seekingalpha.com with their article: “Kraton Corporation’s (KRA) CEO Kevin Fogarty on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on July 26, 2018, Seekingalpha.com published: “Kraton Corporation (KRA) CEO Kevin Fogarty on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on October 25, 2018. More interesting news about Kraton Corporation (NYSE:KRA) were released by: Seekingalpha.com and their article: “Kraton’s (KRA) CEO Kevin Fogarty on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on April 28, 2018 as well as Streetinsider.com‘s news article titled: “Kraton Corporation (KRA) Misses Q3 EPS by 27c, Offers Outlook – StreetInsider.com” with publication date: October 24, 2018.

Kraton Corporation (NYSE:KRA) Institutional Positions Chart

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