In a report issued on July 30, Michael Leithead from Barclays maintained a Sell rating on Huntsman Corp (HUN), with a price target of $19. The company’s shares closed yesterday at $20.55.
According to TipRanks.com, Leithead is a 2-star analyst with an average return of 3.3% and a 66.7% success rate. Leithead covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Cabot Corporation, and Orion Engineered.
Currently, the analyst consensus on Huntsman Corp is a Moderate Buy with an average price target of $26.56.
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Huntsman Corp’s market cap is currently $4.79B and has a P/E ratio of 15.76. The company has a Price to Book ratio of 1.80.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HUN in relation to earlier this year.
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.
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.
