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Where Does Wall Street Think Huntsman Corporation (HUN) Stock Will Go?

Wednesday, November 08, 2023 01:18 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Huntsman Corporation (HUN) Stock Will Go?

Analysts who follow Huntsman Corporation (HUN) on average expect it to increase 9.01% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 16, which means it ranks higher than 16 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.3
Wall Street analysts are rating HUN a Buy today. Find out what this means to you and get the rest of the rankings on HUN!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Huntsman Corporation Stock Today?

Huntsman Corporation (HUN) stock has risen 0.48% while the S&P 500 is down -0.17% as of 1:18 PM on Wednesday, Nov 8. HUN has risen $0.11 from the previous closing price of $23.73 on volume of 546,455 shares. Over the past year the S&P 500 has gained 14.18% while HUN is down -10.74%. HUN earned $0.45 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 52.73. Click Here to get the full Stock Report for Huntsman Corporation stock.

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