In a report released today, Aleksey Yefremov from Nomura maintained a Hold rating on Huntsman Corp (NYSE: HUN), with a price target of $28. The company’s shares opened today at $21.67, close to its 52-week low of $19.26.
According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 12.3% and a 61.4% success rate. Yefremov covers the Consumer Goods sector, focusing on stocks such as Platform Specialty Products, Westlake Chemical Corp, and Axalta Coating Systems.
Currently, the analyst consensus on Huntsman Corp is a Moderate Buy with an average price target of $34.71.
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Based on Huntsman Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.44 billion and GAAP net loss of $11 million. In comparison, last year the company earned revenue of $2.17 billion and had a net profit of $147 million.
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Huntsman Corp. manufactures chemicals for the plastics, automotive and construction industries. The company operates through the following segments: Polyurethanes, Performance Products, Advanced Materials and Textile Effects.
