What Analysts Are Saying About Huntsman Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Huntsman (NYSE:HUN), with recent evaluations showing a shift towards a more positive outlook. Over the last three months, ratings have varied, but the latest updates indicate an average 12-month price target of $27.5, up 17.02% from the previous target. Key analysts from RBC Capital, Goldman Sachs, and Wells Fargo have raised their price targets, reflecting optimism about the company's performance. Despite a challenging financial landscape with a -8.47% revenue decline and below-average ROE and ROA, Huntsman's strong net margin and low debt-to-equity ratio highlight some financial strengths.
May 07, 2024 | 5:00 pm
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Analysts have updated their outlook on Huntsman, raising the average 12-month price target to $27.5, indicating a more optimistic view of the company's future performance.
The increase in the average price target to $27.5, up from $23.50, suggests analysts see potential for Huntsman's stock to rise, reflecting a positive outlook on the company's future performance despite its recent financial challenges. The adjustments in price targets by key analysts from RBC Capital, Goldman Sachs, and Wells Fargo, along with the company's strong net margin and low debt-to-equity ratio, contribute to this optimistic view.
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