Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Huntsman Corp (NYSE: HUN) improved during the last several trading days. HUN’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Huntsman Corp (NYSE: HUN) stock closed at $24.09 on 4/12/24 after a modest decline of -2.0%. However, trading volume in this decline was unusually low at 62% of normal. Relative to the market the stock has been weak over the last nine months and has declined -6.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HUN is expected to continue to be a Value Builder.
Huntsman has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Huntsman has a slightly positive Appreciation Score of 66 but a poor Power Rating of 23, and the Low Neutral Value Trend Rating results.
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