Huntsman Corporation (HUN) Receives Price Target

Huntsman Corporation (HUN) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $20 and the lowest price target forecast is $19. The average forecast of all the analysts is $19.5 and the expected standard deviation is $0.71.

Huntsman Corporation (HUN) : 2 brokerage houses believe that Huntsman Corporation (HUN) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Huntsman Corporation (HUN). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 2.


Also, Equity Analysts at the Citigroup maintains the rating on Huntsman Corporation (NYSE:HUN). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $16 per share to $17 per share. The rating by the firm was issued on July 15, 2016.

Huntsman Corporation (NYSE:HUN): The stock opened at $17.35 on Thursday but the bulls could not build on the opening and the stock topped out at $17.46 for the day. The stock traded down to $16.94 during the day, due to lack of any buying support eventually closed down at $17.17 with a loss of -0.69% for the day. The stock had closed at $17.29 on the previous day. The total traded volume was 3,730,675 shares.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.