Truist Lowers Tronox Holdings plc (TROX)'s Price Target

Tronox Holdings plc (NYSE:TROX) is among the  7 Best Manganese Stocks to Buy Right Now. Truist Securities reduced Tronox Holdings plc (NYSE:TROX)’s price objective to $5 from $9 on August 4 while retaining a Buy rating, citing weaker-than-expected second-quarter performance. Shares were under pressure after the company reported a “significant” earnings loss and an unforeseen big reduction in the full-year forecast. According to Truist’s research report, there is unlikely to be any significant growth in titanium dioxide revenues in the second half of 2025.

Truist has a favorable long-term outlook and forecasts profit growth in 2026 regardless of the short-term difficulties. The analyst warns that this expansion will not depend on any abrupt macroeconomic recovery, but rather on achieving a larger market share and improved cost performance.

Tronox Holdings plc (NYSE:TROX) is a vertically integrated TiO2 pigment company. It owns and operates titanium-bearing mineral sand mines, as well as beneficiation and smelting operations in Australia and South Africa, to produce feedstock materials that can be processed into TiO2 for pigment and high-purity titanium chemicals. It is one of the Best Manganese Stocks.

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