Vertical Research Begins Coverage on Venator Materials PLC (VNTR)
Equities researchers at Vertical Research initiated coverage on shares of Venator Materials PLC (NASDAQ:VNTR) in a research note issued on Monday, The Fly reports. The firm set a “buy” rating on the stock.
Several other equities analysts have also recently issued reports on the company. Zacks Investment Research cut Venator Materials PLC from a “strong-buy” rating to a “hold” rating in a report on Thursday. Royal Bank Of Canada reissued a “buy” rating and issued a $28.00 price objective on shares of Venator Materials PLC in a report on Wednesday, October 18th. Instinet reissued a “buy” rating and issued a $26.00 price objective (up previously from $24.00) on shares of Venator Materials PLC in a report on Friday, October 13th. Nomura boosted their price objective on Venator Materials PLC from $24.00 to $26.00 and gave the company a “buy” rating in a report on Tuesday, October 10th. Finally, Citigroup Inc. assumed coverage on Venator Materials PLC in a report on Tuesday, August 29th. They issued a “buy” rating and a $24.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $24.54.
Venator Materials PLC (VNTR) opened at 24.055 on Monday. The stock has a 50 day moving average price of $22.77 and a 200 day moving average price of $21.54. The company’s market cap is $2.56 billion. Venator Materials PLC has a 1-year low of $17.85 and a 1-year high of $25.13.
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In related news, major shareholder Corp Huntsman sold 26,105,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $18.85, for a total value of $492,079,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Venator Materials PLC Company Profile
Venator Materials PLC is a manufacturer and marketer of chemical products. The Company is engaged in manufacturing titanium dioxide (TiO2), functional additives, color pigments, timber treatment and water treatment products. It operates through two segments: Titanium Dioxide and Performance Additives.
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