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Huntsman (HUN) Receives a Buy from Alembic Global

Tipranks - Thu Jun 25, 6:44AM CDT

Alembic Global analyst Hassan Ahmed maintained a Buy rating on Huntsman today and set a price target of $14.00.

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Ahmed covers the Basic Materials sector, focusing on stocks such as Huntsman, Dow Inc, and Methanex. According to TipRanks, Ahmed has an average return of 4.3% and a 45.77% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Huntsman with a $14.22 average price target.

Based on Huntsman’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.42 billion and a GAAP net loss of $53 million. In comparison, last year the company earned a revenue of $1.41 billion and had a GAAP net loss of $4 million

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