Zacks Investment Research downgraded shares of OM GROUP INC (OMG) from OUTPERFORM to NEUTRAL on July 09, 2013, with a target price of $34.80.
OM Group, Inc. is a leading international producer and marketer of value-added metal-based specialty chemicals and powders. The company supplies numerous different product offerings — principally categorized as metal carboxylates, inorganic metal salts, and metal powders for diverse applications to more a range of different industries. Typically, their products represent a small portion of the customer's total cost of manufacturing or processing, but are critical to the customer's product performance.
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