WR Grace & Co. (NYSE:GRA) contract to license UNIPOL® PP process technology to Hengli …

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W. R. Grace & Co. (NYSE:GRA), contracted to license its UNIPOL® PP process technology to Hengli Petrochemical (Dalian) Refinery Co. Ltd., a subsidiary of Hengli Group. The installation will be made at the company’s facility in Dalian, Liaoning province, China, and is expected to begin operations in 2019 using Grace’s leading SHAC® Ziegler Natta PP catalysts.

W. R. Grace & Co. (NYSE:GRA) on Tuesday closed at $71.73. Stock institutional ownership is 84.10% while insider ownership includes 0.70%. W. R. Grace & Co. (NYSE:GRA) distance from 50-day simple moving average (SMA50) is 2.51%.

Analyst’s Analysis on W. R. Grace & Co. (NYSE:GRA)

Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $82.25 while their mean recommendation is 2.10 (1=Buy, 5=sell). The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.07 on scale of 1-5.

Delta Hotels by Marriott announced an aggressive growth plan that aims to double the brand’s growth in the next two years, following the full-service hotel brand’s acquisition by Marriott International (NASDAQ:MAR) in 2015. Then at 30 properties solely in Canada, the brand’s rapid ascension now totals more than 40 open properties, and an additional 20 additional signed pipeline properties including new entries into Asia and the U.S, making Delta Hotels one of the fastest growing brands in the Marriott International portfolio. The Delta Hotels brand encompasses a rich Canadian history, making it a key piece of the Marriott International’s premium portfolio. With 20 signed hotels in the pipeline, Marriott International is poised to grow Delta’s hospitality globally to major gateway cities including Dallas, Shanghai and Seattle.

Marriott International, Inc. (NASDAQ:MAR)’s shares on Tuesday traded in the range of 102.25 – 103.89 and ended up on $103.88. Marriott International, Inc. (NASDAQ:MAR) distance from 200-day simple moving average (SMA200) is 23.73%. MAR’s sales growth for past 5 years was 6.70% and its EPS growth for past 5 years was 37.00%.

What Analysts Say About Marriott International, Inc. (NASDAQ:MAR)

Stock has got outperform rating from 8 of Thomson Reuters analysts whereas 13 given HOLD rating to the stock. Analyst’s mean target price for the firm is $103.65 while analysts mean recommendation is 2.40.

On last trading day, Nuance Communications, Inc. (NASDAQ:NUAN) traded 3.76 Million shares and was closed at $18.55 per share. Company stock is -6.92% away from its one year high and is moving 38.02% ahead of its one year low. Stock monthly performance is recorded as -2.98% while its performance in last one week is -2.88%. NUAN quarterly performance is 9.50% while firm’s price to sale ratio is 2.68 and price to book ratio is 2.77.

Analyst’s Analysis on Nuance Communications, Inc. (NASDAQ:NUAN)

Number of analysts are eying on this stock, and after detailed observation, they have given the stock mean target price of $22.22 while their mean recommendation is 2.00 (1=Buy, 5=sell). The consensus recommendation by Thomson Reuters Analysts is Outperform for NUAN and their mean rating for the stock is 1.89 on scale of 1-5.

Source: Petrochemical Contract