It’s been a crucial week for Cabot Corporation (NYSE:CBT); here’s what analysts have to say.

May 27, 2018 - By Hazel Jackson

Cabot Corporation (NYSE:CBT) LogoInvestors sentiment increased to 1.07 in Q4 2017. Its up 0.08, from 0.99 in 2017Q3. It is positive, as 16 investors sold Cabot Corporation shares while 96 reduced holdings. 41 funds opened positions while 79 raised stakes. 51.73 million shares or 0.23% less from 51.85 million shares in 2017Q3 were reported.
Earnest Ptnrs Lc holds 0.88% in Cabot Corporation (NYSE:CBT) or 1.50M shares. Citigroup Incorporated holds 0% or 11,902 shares in its portfolio. Dean Mngmt reported 1.93% in Cabot Corporation (NYSE:CBT). Commonwealth Of Pennsylvania School Empls Retrmt owns 9,049 shares or 0.01% of their US portfolio. Aqr Cap Mgmt Ltd Liability Corp accumulated 1.82M shares. Parametric Assoc Llc holds 390,181 shares or 0.02% of its portfolio. Tower Research Capital Lc (Trc) holds 286 shares. Dreman Value Management L L C owns 0.21% invested in Cabot Corporation (NYSE:CBT) for 6,052 shares. Pnc Fincl Services Gp stated it has 0% in Cabot Corporation (NYSE:CBT). Riverhead Capital Management Lc invested 0.07% of its portfolio in Cabot Corporation (NYSE:CBT). 102,577 are held by Manufacturers Life Insur The. Eaton Vance Mngmt has 14,265 shares. Credit Suisse Ag holds 100,216 shares. Millennium Management Limited Liability reported 159,475 shares. Frontfour Gru Ltd stated it has 35,312 shares or 0.59% of all its holdings.

Since May 14, 2018, it had 0 insider purchases, and 5 sales for $18.97 million activity. Another trade for 123,883 shares valued at $7.64M was sold by Prevost Patrick M.. Another trade for 15,370 shares valued at $937,416 was sold by Cross Nicholas S..

Cabot Corporation (NYSE:CBT) Ratings Coverage

Among 8 analysts covering Cabot (NYSE:CBT), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cabot had 10 analyst reports since December 19, 2017 according to SRatingsIntel. On Tuesday, December 19 the stock rating was upgraded by Suntrust Robinson to “Buy”. Robert W. Baird maintained Cabot Corporation (NYSE:CBT) on Tuesday, April 17 with “Hold” rating. The stock has “Buy” rating by SunTrust on Tuesday, December 19. The company was maintained on Thursday, February 8 by Jefferies. The company was upgraded on Wednesday, May 9 by Robert W. Baird. The firm earned “Buy” rating on Monday, February 12 by Northcoast. The rating was upgraded by Loop Capital to “Buy” on Friday, January 5. Below is a list of Cabot Corporation (NYSE:CBT) latest ratings and price target changes.

09/05/2018 Broker: Robert W. Baird Rating: Buy Upgrade
19/04/2018 Broker: Loop Capital Markets Rating: Buy
17/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $67.0000 Maintain
28/02/2018 Broker: Robert W. Baird Rating: Neutral New Target: $72 Initiates Coverage On
12/02/2018 Broker: Northcoast Rating: Buy New Target: $75.0 Maintain
08/02/2018 Broker: Jefferies Rating: Buy New Target: $78.0 Maintain
26/01/2018 Broker: Needham Rating: Buy New Target: $120.0
05/01/2018 Broker: Loop Capital Old Rating: Hold New Rating: Buy Old Target: $59 New Target: $82 Upgrade
19/12/2017 Broker: Suntrust Robinson Old Rating: Hold New Rating: Buy Upgrade
19/12/2017 Broker: SunTrust Old Rating: Hold New Rating: Buy Upgrade

The stock increased 0.14% or $0.08 during the last trading session, reaching $58.78. About 490,031 shares traded. Cabot Corporation (NYSE:CBT) has declined 5.91% since May 27, 2017 and is downtrending. It has underperformed by 17.46% the S&P500.

Cabot Corporation operates as a specialty chemicals and performance materials company. The company has market cap of $3.63 billion. The firm 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 has a 59.55 P/E ratio. 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 gas and oil well construction.

More notable recent Cabot Corporation (NYSE:CBT) news were published by: Newsok.com which released: “Cabot Corporation to Expand Global Carbon Black Capacity by over 300000 Metric Tons” on May 21, 2018, also Seekingalpha.com with their article: “Cabot’s (CBT) CEO Sean Keohane on Q2 2018 Results – Earnings Call Transcript” published on May 12, 2018, Newsok.com published: “Cabot Corporation Introduces Activated Carbons Optimized for Catalyst Support Applications at ACHEMA 2018” on May 16, 2018. More interesting news about Cabot Corporation (NYSE:CBT) were released by: Benzinga.com and their article: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” published on May 23, 2018 as well as Benzinga.com‘s news article titled: “Baird Upgrades Cabot Corp.: ‘We Believe Valuation Remains Attractive'” with publication date: May 09, 2018.

Cabot Corporation (NYSE:CBT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.