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UBS Keeps Their Hold Rating on Huntsman (HUN)

Tipranks - Tue Jul 7, 5:42AM CDT

In a report released today, Joshua Spector from UBS maintained a Hold rating on Huntsman, with a price target of $11.00.

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Spector covers the Basic Materials sector, focusing on stocks such as Ecolab, Linde, and RPM International. According to TipRanks, Spector has an average return of 4.5% and a 53.63% success rate on recommended stocks.

In addition to UBS, Huntsman also received a Hold from Mizuho Securities’s John Roberts CFA in a report issued on July 1. However, on June 30, Bank of America Securities maintained a Sell rating on Huntsman (NYSE: HUN).

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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