Huntsman (HUN) Receives a Buy from Bank of America Securities

Bank of America Securities analyst Salvator Tiano maintained a Buy rating on Huntsman (HUN – Research Report) today. The company’s shares opened today at $25.01.

According to TipRanks, Tiano is a 3-star analyst with an average return of 8.9% and a 68.75% success rate. Tiano covers the Basic Materials sector, focusing on stocks such as Bunge, Celanese, and Green Plains.

Huntsman has an analyst consensus of Moderate Buy, with a price target consensus of $26.37.

HUN market cap is currently $4.41B and has a P/E ratio of 48.88.

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Huntsman (HUN) Company Description:

Huntsman Corp. engages in the manufacturing of chemicals for the plastics, automotive and construction industries. It operates through the following segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment manufactures and markets polyurethane chemicals, including MDI products, PO, polyols, PG, TPU, aniline, and MTBE. The Performance Products segment produces and sells amines, surfactants, LAB, and maleic anhydride to a variety of consumer and industrial end markets. The Advanced Materials segment provides basic liquid and solid epoxy resins, specialty resin compounds, cross linking, matting and curing agents, epoxy, acrylic, and polyurethane based polymer products. The Textile Effects segment consists market share for textile chemicals and dyes. Its products include Methoxypropylamine, Isocyanate, Nonylphenol, and Alkylalkanolamines. The company was founded by Jon Meade Huntsman Sr. in 1970 and is headquartered in The Woodlands, TX.