Huntsman Corporation (HUN) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Huntsman Corporation (HUN) : The highest level Huntsman Corporation (HUN) is projected to reach is $20 for the short term and the lowest estimate is at $12. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $17 and the possibility the share price can swing is $4.36.
For the current week, the company shares have a recommendation consensus of Buy. Huntsman Corporation (NYSE:HUN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.31 and $16.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.57, notching a gain of 1.59% for the day. The total traded volume was 2,354,114 . The stock had closed at $16.31 on the previous day.
In a related news, Ridd Brian V, (Sr. VP, Purchasing) of Huntsman Corp, executed a transaction worth $30,600 on December 16, 2015. A total of 3,000 shares were purchased at an average price of $10.2. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.