Analysts Set Huntsman Co. (HUN) Price Target at $37.23

Huntsman Co. (NYSE:HUN) has earned a consensus rating of “Buy” from the sixteen analysts that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $38.15.

HUN has been the subject of several recent analyst reports. Citigroup lifted their price target on Huntsman from $41.00 to $43.00 and gave the stock a “buy” rating in a research report on Tuesday, February 27th. Instinet reaffirmed a “neutral” rating on shares of Huntsman in a research report on Tuesday, March 20th. MED reaffirmed a “buy” rating and issued a $40.00 price target on shares of Huntsman in a research report on Tuesday, May 1st. ValuEngine lowered Huntsman from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, Zacks Investment Research lowered Huntsman from a “buy” rating to a “hold” rating in a research report on Tuesday, April 24th.

In other Huntsman news, VP J Kimo Esplin sold 34,399 shares of the business’s stock in a transaction dated Monday, May 14th. The stock was sold at an average price of $31.81, for a total value of $1,094,232.19. Following the completion of the transaction, the vice president now owns 398,973 shares of the company’s stock, valued at approximately $12,691,331.13. The sale was disclosed in a legal filing with the SEC, which is available through this link. 19.00% of the stock is currently owned by insiders.

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