In a report issued on November 6, Arun Viswanathan from RBC Capital maintained a Hold rating on Venator Materials (VNTR), with a price target of $2.00. The company’s shares closed last Tuesday at $1.97.
According to TipRanks.com, Viswanathan is a 5-star analyst with an average return of 8.5% and a 63.3% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Westlake Chemical.
Currently, the analyst consensus on Venator Materials is a Moderate Buy with an average price target of $2.28, representing a 17.5% upside. In a report issued on November 6, BMO Capital also maintained a Hold rating on the stock with a $2.10 price target.
See today’s analyst top recommended stocks >>
Based on Venator Materials’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $456 million and GAAP net loss of $19 million. In comparison, last year the company earned revenue of $578 million and had a net profit of $21 million.
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. The Titanium Dioxide segment involves the creation of (TiO2) from titanium bearing ores and is a white inert pigment that provides whiteness, opacity and brightness to thousands of everyday items, including coatings, plastics, paper, printing inks, fibers, food and personal care products. The Performance Additives segment consists of functional additives, color pigments, timber and water treatment businesses. The company offers its products under the brands TIOXIDE, HOMBITAN, HOMBITEC, UVTITAN, ALTRIS, DAVIS COLORS, GRANUFIN, FERROXIDE, HOLIDAY PGMENTS, COPPERAS RED, HOMBIKAT, DELTIO, SACHTOLITH, ECOLIFE, and NICASAL. Venator Materials was founded on April 28, 2017 and is headquartered in Wynyard Park, the United Kingdom.
