Cabot Corp (NYSE:CBT) has coverage initiated with a Overweight rating

ME Staff
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Analyst Ratings For Cabot Corp (NYSE:CBT)

Today, Barclays initiated coverage on Cabot Corp (NYSE:CBT) with a Overweight.

There are 6 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Cabot Corp (NYSE:CBT) is Buy with a consensus target price of $86.40 per share, a potential 35.51% upside.

Some recent analyst ratings include

  • 10/8/2018-Cabot Corp (NYSE:CBT) has coverage initiated with a Overweight rating
  • 5/9/2018-Cabot Corp (NYSE:CBT) gets upgraded to Outperform by Robert W. Baird with a price target of $72.00
  • 2/8/2018-Cabot Corp (NYSE:CBT) had its Buy rating reiterated by Jefferies Financial Group with a $78.00 price target
  • 11/1/2017-Cabot Corp (NYSE:CBT) had its Hold rating reiterated by KeyCorp

Recent Insider Trading Activity For Cabot Corp (NYSE:CBT)
Cabot Corp (NYSE:CBT) has insider ownership of 2.20% and institutional ownership of 85.53%.

  • On 8/22/2018 Patrick M Prevost, Director, sold 40,519 with an average share price of $65.65 per share and the total transaction amounting to $2,660,072.35.
  • On 8/21/2018 Nicholas S Cross, Insider, sold 16,000 with an average share price of $65.86 per share and the total transaction amounting to $1,053,760.00.
  • On 8/20/2018 Patrick M Prevost, Director, sold 19,481 with an average share price of $65.04 per share and the total transaction amounting to $1,267,044.24.
  • On 8/9/2018 Brian A Berube, SVP, sold 13,448 with an average share price of $65.43 per share and the total transaction amounting to $879,902.64.
  • On 6/12/2018 Patrick M Prevost, Director, sold 6,151 with an average share price of $64.09 per share and the total transaction amounting to $394,217.59.
  • On 6/7/2018 Hobart Kalkstein, Insider, sold 4,149 with an average share price of $63.80 per share and the total transaction amounting to $264,706.20.
  • On 6/6/2018 James Patrick Kelly, VP, sold 2,500 with an average share price of $64.08 per share and the total transaction amounting to $160,200.00.

About Cabot Corp (NYSE:CBT)
Cabot Corporation operates as a specialty chemicals and performance materials company. The company offers carbon black, a form of elemental carbon used to enhance the physical properties of the systems and applications in which it is incorporated; and rubber blacks for use as a rubber reinforcing agent and performance additive in tires, hoses, belts, extruded profiles, and molded goods. It also provides compounds of carbon black and rubber primarily for tire applications; and cesium formate, a drilling and completion fluid for use in high pressure and high temperature oil and gas well construction. In addition, the company offers specialty grades of carbon black used in inks, coatings, plastics, adhesives, toners, batteries, and displays applications; masterbatch and conductive compound products for use in automotive, industrial, packaging, consumer products, and electronics industries; inkjet colorants used in the inkjet printing applications; and fumed silica, fumed alumina, and dispersions for automotive, construction, microelectronics, batteries, and consumer products industries, as well as aerogel, a hydrophobic, silica-based particle for use in various thermal insulation and specialty chemical applications. Further, it provides activated carbon products used for the purification of water, air, food and beverages, pharmaceuticals, and other liquids and gases; as a chemical carrier; and as a colorant or a decolorizing agent. The company sells its products primarily through distributors and sales representatives in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Cabot Corporation was founded in 1882 and is headquartered in Boston, Massachusetts.

Recent Trading Activity for Cabot Corp (NYSE:CBT)
Shares of Cabot Corp closed the previous trading session at 63,76 −0,52 0,81 % with 63.33 shares trading hands.