Shares of Huntsman Corp. (NYSE:HUN) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $17.07 and last traded at $17.05, with a volume of 968,543 shares trading hands. The stock had previously closed at $16.41.

Several analysts recently issued reports on the company. Zacks Investment Research raised Huntsman Corp. from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research note on Thursday, July 7th. Nomura reaffirmed a “buy” rating on shares of Huntsman Corp. in a research note on Tuesday, July 12th. Jefferies Group reaffirmed a “buy” rating on shares of Huntsman Corp. in a research note on Thursday, August 4th. Citigroup Inc. lifted their price objective on Huntsman Corp. from $16.00 to $17.00 and gave the stock a “neutral” rating in a research note on Friday, July 15th. Finally, TheStreet raised Huntsman Corp. from a “hold” rating to a “buy” rating in a research note on Friday, April 29th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $18.20.

The company has a market capitalization of $4.07 billion and a PE ratio of 20.400. The company has a 50-day moving average price of $15.10 and a 200 day moving average price of $13.53.

Huntsman Corp. (NYSE:HUN) last issued its earnings results on Wednesday, July 27th. The company reported $0.53 EPS for the quarter, hitting analysts’ consensus estimates of $0.53. The company earned $2.54 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter in the previous year, the company earned $0.63 EPS. The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. On average, equities analysts forecast that Huntsman Corp. will post $1.73 earnings per share for the current year.

A number of institutional investors have modified their holdings of the company. US Bancorp DE increased its position in shares of Huntsman Corp. by 140.9% in the fourth quarter. US Bancorp DE now owns 108,661 shares of the company’s stock worth $1,236,000 after buying an additional 63,560 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its position in shares of Huntsman Corp. by 3,098.3% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 188,700 shares of the company’s stock worth $2,146,000 after buying an additional 182,800 shares in the last quarter. Russell Frank Co increased its position in shares of Huntsman Corp. by 501.1% in the fourth quarter. Russell Frank Co now owns 236,742 shares of the company’s stock worth $2,668,000 after buying an additional 197,360 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of Huntsman Corp. by 1,285.0% in the fourth quarter. Advisors Asset Management Inc. now owns 388,002 shares of the company’s stock worth $4,412,000 after buying an additional 359,988 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Huntsman Corp. during the fourth quarter worth about $5,507,000.

Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). It operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

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