In a report released yesterday, Hassan Ahmed from Alembic Global maintained a Buy rating on Venator Materials Plc (VNTR), with a price target of $15. The company’s shares opened today at $6.32, close to its 52-week low of $3.59.
Ahmed wrote:
“We believe the market will view Venator’s earnings beat favorably, and we expect Ventaor shares to trade up on these results. We would remind investors that Venator shares now trade at an 0.21x, putting them squarely in the “value” category.”
According to TipRanks.com, Ahmed is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -4.5% and a 39.1% success rate. Ahmed covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, LyondellBasell, and Celanese Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Venator Materials Plc with a $8.75 average price target, implying a 38.4% upside from current levels. In a report issued on February 6, UBS also upgraded the stock to Buy with a $7 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $21.80 and a one-year low of $3.59. Currently, Venator Materials Plc has an average volume of 928.3K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Venator Materials Plc engages in the manufacture and marketing of chemical products. The firm focuses on development and manufacture of titanium dioxide pigments and performance additives. It operates through two segments: Titanium Dioxide and Performance Additives.
