UBS analyst Joshua Spector has adjusted the price target for Tronox Holdings (TROX) to $8.00, a 5.88% decrease from the previous $8.50 target. Despite the revision, UBS maintains its "Buy" rating for the stock, indicating potential for growth. The average target price for TROX is $7.44, with an average brokerage recommendation of 2.4, indicating "Outperform" status. The estimated GF Value for TROX in one year is $13.29, suggesting a 142.74% upside from the current price.
UBS analyst Joshua Spector has revised the price target for Tronox Holdings (TROX) to $8.00, a 5.88% decrease from the previous $8.50 target. Despite this adjustment, UBS maintains its "Buy" rating for the stock, indicating potential for growth. The average target price for TROX is $7.44, with an average brokerage recommendation of 2.4, indicating "Outperform" status. The estimated GF Value for TROX in one year is $13.29, suggesting a 142.74% upside from the current price.
The revision by UBS comes amidst a broader trend of analysts adjusting their price targets for TROX. Morgan Stanley, Goldman Sachs, and BMO Capital Markets have all lowered their price targets, while Barclays and Wall Street Zen have made significant changes to their ratings. This shift in analyst sentiment reflects the evolving market conditions and the company's performance.
Tronox reported earnings of -$0.15 per share for the quarter, missing the consensus estimate of $0.02. The company's revenue was $738.00 million, down 4.7% compared to the same quarter last year. Analysts expect Tronox to post 0.49 EPS for the current fiscal year.
Insiders and institutional investors have shown interest in Tronox, with several large investors increasing their stakes in the company. SVP Jeffrey Neuman acquired 10,266 shares of the stock, and institutional investors like Vanguard Group Inc., Thrivent Financial for Lutherans, and Capital International Investors have also increased their holdings.
References:
[1] https://www.marketbeat.com/instant-alerts/ubs-group-lowers-tronox-nysetrox-price-target-to-800-2025-07-09/
[2] https://finance.yahoo.com/quote/TROX/analysis/
[3] https://www.gurufocus.com/news/2966453/tronox-trox-price-target-lowered-by-ubs-analyst-trox-stock-news
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