Huntsman Corp (HUN) Gets a Hold Rating from Citigroup

In a report released today, PJ Juvekar from Citigroup maintained a Hold rating on Huntsman Corp (HUNResearch Report), with a price target of $23.00. The company’s shares closed last Monday at $21.63.

According to TipRanks.com, Juvekar is a 3-star analyst with an average return of 4.3% and a 41.0% success rate. Juvekar covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company.

Currently, the analyst consensus on Huntsman Corp is a Moderate Buy with an average price target of $24.86.

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Based on Huntsman Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.19 billion and net profit of $110 million. In comparison, last year the company earned revenue of $2.44 billion and had a GAAP net loss of $11 million.

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Huntsman Corp. manufactures chemicals for the plastics, automotive and construction industries. The company operates through the following segments: Polyurethanes, Performance Products, Advanced Materials and Textile Effects.