Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Huntsman Corp (NYSE: HUN) improved of late. 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 declined by -4.0% on 11/8/24. The shares closed at $20.29. Moreover, trading volume in this decline was unusually high at 160% of normal. Relative to the market the stock has been weak over the last nine months and has declined -7.8% during the last week.
Current PriceTarget Research Rating
HUN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Huntsman has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Huntsman has a good Appreciation Score of 75 but a very low Power Rating of 13, producing the Low Neutral Value Trend Rating.
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