Valhi Price Target Raised to $6.00 at Barclays (VHI)
Stock analysts at Barclays hoisted their price objective on shares of Valhi (NYSE:VHI) from $5.00 to $6.00 in a report issued on Tuesday. Barclays’ price objective would suggest a potential downside of 11.77% from the company’s current price.
Shares of Valhi (NYSE:VHI) opened at 6.82 on Tuesday. Valhi has a 52-week low of $4.98 and a 52-week high of $21.08. The stock has a 50-day moving average of $6.84 and a 200-day moving average of $8.15. The company’s market cap is $2.313 billion.
Valhi (NYSE:VHI) last announced its earnings results on Monday, August 11th. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.02. Analysts expect that Valhi will post $0.10 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 25th. Investors of record on Thursday, September 4th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Tuesday, September 2nd.
Valhi, Inc is a holding company. It operates in three segments: Chemicals, Component Products and Waste Management.
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