RBC Capital analyst Arun Viswanathan maintained a Buy rating on Huntsman (NYSE:HUN) Corp on Wednesday, setting a price target of $34, which is approximately 31.99% above the present share price of $25.76.
Viswanathan expects Huntsman Corp to post earnings per share (EPS) of $0.38 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Huntsman, with an average price target of $36.1.
The analysts price targets range from a high of $49 to a low of $32.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.84 billion and a net profit of $150 million. The company's market cap is $5.71 billion.
According to TipRanks.com, RBC Capital analyst Arun Viswanathan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.9% and a 60.95% success rate.
Huntsman Corp. engages in the manufacturing of chemicals for the plastics, automotive and construction industries. It operates through the following segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment manufactures and markets polyurethane chemicals, including MDI products, PO, polyols, PG, TPU, aniline, and MTBE. The Performance Products segment produces and sells amines, surfactants, LAB, and maleic anhydride to a variety of consumer and industrial end markets. The Advanced Materials segment provides basic liquid and solid epoxy resins, specialty resin compounds, cross linking, matting and curing agents, epoxy, acrylic, and polyurethane based polymer products. The Textile Effects segment consists market share for textile chemicals and dyes. Its products include Methoxypropylamine, Isocyanate, Nonylphenol, and Alkylalkanolamines. The company was founded by Jon Meade Huntsman Sr. in 1970 and is headquartered in The Woodlands, TX.