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Ashland Inc. (ASH) [hlAlert]

Rating:
Buy ASH
down 68.88 %

Ashland Inc. (ASH) upgraded to Buy with price target $53 by KeyBanc Capital Mkts

Posted on: Monday,  Aug 24, 2009  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Buy Ashland Inc. (NYSE: ASH) on 08/24/2009. Previously KeyBanc Capital Mkts rated Underweight Ashland Inc. (NYSE: ASH) on
01/12/2009., when the stock price was $11.83. Since then, Ashland Inc. has gained 221.39% as of 08/24/2009's recent price of $38.02.
If you would have followed the previous KeyBanc Capital Mkts's recommendation on ASH, you would have lost 68.88% of your investment in 224 days.

Ashland Inc. is engaged in the business of providing products, services, and customer solutions throughout the world. Its businesses include road construction, specialty chemicals, lubricants, car-care products, chemical and plastics distribution and transportation fuels. They are market leaders in highway construction, chemical and thermoplastic distribution, specialty chemicals, motor oil and car-care products. They also have an equity interest in petroleum refining and marketing.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/24/2009 8:25 AM Buy
None
38.02 53.00
as of 12/31/2009
1 Week up  35.41 %
1 Month up  48.76 %
3 Months up  23.66 %
1 YTD down  -180.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2009 8:25 AM Sell
None
11.83

(*) Stock Price at the time of the recommendation.
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