Zacks Investment Research upgraded shares of SCHULMAN(A) INC (SHLM) from UNDERPERFORM to NEUTRAL on August 02, 2012, with a target price of $21.90.
Schulman Inc. operates in one industry segment which is the sale of plastic resins to customers who use the products as raw materials in their manufacturing operations. The Company purchases plastic resins and other materials which either can be sold directly to customers or used by the Company in the manufacture of other products for sale to customers. All of the products which the Company sells are used for the same purpose–as raw material to be molded or extruded by the Company's customers.
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