KeyBanc Starts Huntsman (HUN) at Buy; Cross-Currents of Businesses, But Positives Outweigh Negative
Get Alerts HUN Hot Sheet
Price: $23.99 -0.17%
Rating Summary:
11 Buy, 15 Hold, 2 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
11 Buy, 15 Hold, 2 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Join SI Premium – FREE
KeyBanc initiates coverage on Huntsman (NYSE: HUN) with a Buy. PT $20.00.
KeyBanc analyst said, "At today's current valuation, we still see the risk-reward profile as attractive despite the recent share appreciation. The Company should benefit from positive secular trends in its Polyurethanes (insulation), Performance
Products (amines, surfactants and emerging markets), and Advanced Materials
(composites) business segments. In addition to generally positive global
demand trends in its core businesses, the increasing value-add characteristics
of its products and growth downstream, such as system houses, should help the
Company improve overall profitability in the above mentioned segments over the
coming years."
Although the KeyBanc analyst said everything isn't going to be quite so rosy, with a partial offset coming from a slowdown in the Pigment segment. The Textiles segment should also remain challenging.
For an analyst ratings summary and ratings history on Huntsman click here. For more ratings news on Huntsman click here.
Shares of Huntsman closed at $15.04 yesterday.
KeyBanc analyst said, "At today's current valuation, we still see the risk-reward profile as attractive despite the recent share appreciation. The Company should benefit from positive secular trends in its Polyurethanes (insulation), Performance
Products (amines, surfactants and emerging markets), and Advanced Materials
(composites) business segments. In addition to generally positive global
demand trends in its core businesses, the increasing value-add characteristics
of its products and growth downstream, such as system houses, should help the
Company improve overall profitability in the above mentioned segments over the
coming years."
Although the KeyBanc analyst said everything isn't going to be quite so rosy, with a partial offset coming from a slowdown in the Pigment segment. The Textiles segment should also remain challenging.
For an analyst ratings summary and ratings history on Huntsman click here. For more ratings news on Huntsman click here.
Shares of Huntsman closed at $15.04 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- KeyBanc Starts Super Micro Computer (SMCI) at Sector Weight, 'shares currently trading relatively inline with its infrastructure peer group'
- Singular Research Starts Citizens Inc. (CIA) at Buy-Long Term, 'Proven Distribution Growth'
- Berenberg Starts Lloyds TSB Group (LYG) at Hold
Create E-mail Alert Related Categories
New CoverageRelated Entities
KeyBancSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!