Tronox Holdings PLC (Symbol: TROX) shares recently surpassed the average analyst 12-month target price of $15.14, trading at $15.21 per share. Analysts are now evaluating whether to downgrade their targets on valuation or to raise them due to positive company developments. Currently, there are 7 analyst targets for Tronox, ranging from $11.00 to $18.00, with a standard deviation of $2.34.
The analyst ratings for Tronox are predominantly positive, with 4 strong buy ratings, 3 hold ratings, and no sell ratings. The average rating stands at 1.86 on a scale where 1 indicates a strong buy and 5 a strong sell. This indicates a bullish sentiment among analysts, suggesting that investors might want to reassess their positions in the stock as it approaches or exceeds the average target price.
