Huntsman Corporation (HUN) : Analyst Rating Update

Huntsman Corporation (HUN) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Huntsman Corporation (HUN) : 3 Wall Street analysts covering Huntsman Corporation (HUN) believe that the average level the stock could reach for the short term is $16. The maximum price target given is $19 and the minimum target for short term is around $12, hence the standard deviation is calculated at $3.61.

Huntsman Corporation (NYSE:HUN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.77 and $12.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.91, notching a gain of 0.94% for the day. The total traded volume was 3,629,536 . The stock had closed at $12.79 on the previous day.

The company shares have dropped -37.46% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $21.79 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.89 and the 200 Day Moving Average price is recorded at $12.48.

Huntsman Corporation (Huntsman) is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company is also engaged in performance additives and titanium dioxide business. The Company also offers titanium dioxide, a white pigment derived from titanium bearing ores; functional additives made from barium and zinc-based inorganics; color pigments made from synthetic iron-oxide and other inorganic pigments; timber treatment wood protection chemicals; water treatment products, and specialty automotive molded components. The Company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects and Pigments and Additives. Its products are used in a range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging and paints and coatings.

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