Analyst Rating Update on Huntsman Corporation (HUN)

Huntsman Corporation (HUN) : Zacks Investment Research ranks Huntsman Corporation (HUN) as 4, which is a Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.2, which indicates as a Buy.

Huntsman Corporation (HUN) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $20 and the lowest price target forecast is $12. The average forecast of all the analysts is $17 and the expected standard deviation is $4.36.

For the current week, the company shares have a recommendation consensus of Buy. Also, Citigroup maintains its rating on Huntsman Corporation (NYSE:HUN). The global brokerage major raises the current price target from $16 per share to $17 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on July 15, 2016.


Huntsman Corporation (NYSE:HUN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.84 and $14.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.38, notching a gain of 3.29% for the day. The total traded volume was 3,048,407 . The stock had closed at $14.89 on the previous day.

Huntsman Corporation (Huntsman) is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company is also engaged in performance additives and titanium dioxide business. The Company also offers titanium dioxide, a white pigment derived from titanium bearing ores; functional additives made from barium and zinc-based inorganics; color pigments made from synthetic iron-oxide and other inorganic pigments; timber treatment wood protection chemicals; water treatment products, and specialty automotive molded components. The Company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects and Pigments and Additives. Its products are used in a range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging and paints and coatings.

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