Huntsman Corporation (NYSE:HUN) has been given a consensus rating of “Buy” by the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $30.89.

A number of brokerages have recently issued reports on HUN. KeyCorp raised shares of Huntsman Corporation from a “sector weight” rating to an “overweight” rating and set a $34.00 price target on the stock in a report on Monday, July 24th. BidaskClub downgraded shares of Huntsman Corporation from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. UBS AG raised their price target on shares of Huntsman Corporation from $31.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, September 19th. Nomura raised their price target on shares of Huntsman Corporation from $30.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, September 19th. Finally, Alembic Global Advisors reaffirmed a “buy” rating on shares of Huntsman Corporation in a report on Monday, October 2nd.

Several institutional investors and hedge funds have recently bought and sold shares of HUN. UBS Asset Management Americas Inc. boosted its holdings in shares of Huntsman Corporation by 95.5% in the first quarter. UBS Asset Management Americas Inc. now owns 287,493 shares of the basic materials company’s stock worth $7,055,000 after buying an additional 140,433 shares during the last quarter. Mutual of America Capital Management LLC boosted its holdings in shares of Huntsman Corporation by 19.9% in the first quarter. Mutual of America Capital Management LLC now owns 15,345 shares of the basic materials company’s stock worth $377,000 after buying an additional 2,552 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of Huntsman Corporation by 2.6% in the first quarter. M&T Bank Corp now owns 11,443 shares of the basic materials company’s stock worth $282,000 after buying an additional 293 shares during the last quarter. KBC Group NV boosted its holdings in shares of Huntsman Corporation by 107.8% in the first quarter. KBC Group NV now owns 23,942 shares of the basic materials company’s stock worth $588,000 after buying an additional 12,418 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Huntsman Corporation in the first quarter worth approximately $122,000. 75.10% of the stock is currently owned by institutional investors.

WARNING: “Huntsman Corporation (HUN) Given Consensus Rating of “Buy” by Analysts” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/10/11/huntsman-corporation-hun-given-consensus-rating-of-buy-by-analysts.html.

Huntsman Corporation (HUN) traded up 0.62% during midday trading on Wednesday, hitting $27.38. 3,223,731 shares of the stock traded hands. The stock’s 50-day moving average price is $27.21 and its 200-day moving average price is $25.75. The stock has a market capitalization of $6.57 billion, a P/E ratio of 15.52 and a beta of 2.79. Huntsman Corporation has a 52 week low of $15.38 and a 52 week high of $28.67.

Huntsman Corporation (NYSE:HUN) last announced its quarterly earnings results on Thursday, July 27th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.18. The firm had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.64 billion. Huntsman Corporation had a net margin of 4.33% and a return on equity of 30.04%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.53 EPS. Equities research analysts expect that Huntsman Corporation will post $2.33 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend was Thursday, September 14th. Huntsman Corporation’s payout ratio is 28.41%.

Huntsman Corporation Company Profile

Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

Analyst Recommendations for Huntsman Corporation (NYSE:HUN)

Receive News & Ratings for Huntsman Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huntsman Corporation and related companies with MarketBeat.com's FREE daily email newsletter.