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Analyst Rating: Will Eastman Chemical Co (EMN) Stock Beat the Market?

Friday, November 24, 2023 02:44 PM | InvestorsObserver Analysts

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Analyst Rating: Will Eastman Chemical Co (EMN) Stock Beat the Market?

Wall Street is positive on Eastman Chemical Co (EMN). On average, analysts give EMN a Buy rating. The average price target is $87.294, which means analysts expect the stock to add by 6.60% over the next twelve months. That average ranking earns EMN an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
Wall Street analysts are rating EMN a Buy today. Find out what this means to you and get the rest of the rankings on EMN!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Eastman Chemical Co Stock Today?

Eastman Chemical Co (EMN) stock is trading at $81.89 as of 1:00 PM on Friday, Nov 24, an increase of $0.46, or 0.56% from the previous closing price of $81.43. The stock has traded between $81.41 and $82.31 so far today. Volume today is less active than usual. So far 373,698 shares have traded compared to average volume of 895,089 shares. Click Here to get the full Stock Report for Eastman Chemical Co stock.

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