Barclays has reduced its target price for Kronos Worldwide (KRO) from $10 to $7 while maintaining an Underweight rating. The average 1-year target price for KRO is $8.17, with an average brokerage recommendation of 3.3, indicating a "Hold" status. The estimated GF Value for KRO is $11.32, suggesting a potential upside of 67.95% from the current price.
Barclays has revised its outlook for Kronos Worldwide (KRO), reducing the price target from $10 to $7 while maintaining an Underweight rating on the stock. This adjustment comes as the firm updates its estimates and targets for mid-cap chemical companies following their first-quarter earnings reports [1].
The average one-year price target for KRO, as forecasted by three analysts, stands at $8.17, with a high estimate of $9.00 and a low estimate of $7.00. This average target implies an upside of 21.17% from the current price of $6.74 [1]. The consensus brokerage recommendation from three firms is currently 3.3, indicating a "Hold" status [1].
GuruFocus estimates that the GF Value for KRO in one year is $11.32, suggesting a potential upside of 67.95% from the current price of $6.74. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at, calculated based on historical multiples and future performance estimates [1].
In related news, Director Kevin B. Kramer purchased 14,000 shares of KRO on March 11th, increasing his ownership by 187.67%. Several institutional investors and hedge funds have also recently adjusted their positions in KRO, with Dimensional Fund Advisors LP increasing its stake by 3.6% in the fourth quarter [2].
Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17. Revenue for the quarter was $489.80 million, compared to analyst estimates of $466.56 million. The company had a net margin of 5.05% and a return on equity of 11.74% [2].
References:
[1] https://www.gurufocus.com/news/2891419/kro-stock-faces-target-price-cut-by-barclays-kro-stock-news
[2] https://www.marketbeat.com/instant-alerts/barclays-lowers-kronos-worldwide-nysekro-price-target-to-700-2025-05-28/
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