Huntsman (NYSE:HUN) had its price target boosted by analysts at KeyCorp from $37.00 to $42.00 in a note issued to investors on Tuesday. The brokerage currently has an “overweight” rating on the basic materials company’s stock. KeyCorp’s price objective indicates a potential upside of 31.62% from the company’s previous close.
HUN has been the topic of a number of other reports. Alembic Global Advisors reissued a “buy” rating on shares of Huntsman in a research note on Monday, November 6th. Nomura boosted their price objective on Huntsman to $40.00 and gave the company a “buy” rating in a research note on Monday, October 30th. ValuEngine downgraded Huntsman from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 15th. Jefferies Group boosted their price objective on Huntsman to $43.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Finally, Tudor Pickering initiated coverage on Huntsman in a research note on Friday, January 19th. They issued a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.67.
Huntsman (NYSE:HUN) opened at $31.91 on Tuesday. The stock has a market capitalization of $7,630.00, a PE ratio of 18.49, a PEG ratio of 1.41 and a beta of 2.76. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.87 and a quick ratio of 1.52. Huntsman has a 52 week low of $20.65 and a 52 week high of $36.09.
Hedge funds have recently bought and sold shares of the stock. Eagle Global Advisors LLC bought a new stake in Huntsman during the 4th quarter worth approximately $233,000. EAM Investors LLC bought a new stake in Huntsman during the 4th quarter worth approximately $2,434,000. K2 Principal Fund L.P. bought a new stake in Huntsman during the 4th quarter worth approximately $806,000. RiverPoint Capital Management LLC bought a new stake in Huntsman during the 4th quarter worth approximately $333,000. Finally, Carillon Tower Advisers Inc. bought a new stake in Huntsman during the 4th quarter worth approximately $26,450,000. 77.87% of the stock is currently owned by institutional investors and hedge funds.
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Huntsman 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.
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