Huntsman Corp. (NYSE:HUN) shares hit a new 52-week high during trading on Monday . The stock traded as high as $17.53 and last traded at $17.48, with a volume of 1,048,605 shares traded. The stock had previously closed at $16.98.

Several brokerages have recently commented on HUN. Jefferies Group reaffirmed a “buy” rating on shares of Huntsman Corp. in a report on Thursday, August 4th. Nomura reaffirmed a “buy” rating and set a $17.00 target price on shares of Huntsman Corp. in a report on Tuesday, May 3rd. Citigroup Inc. raised their target price on shares of Huntsman Corp. from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Friday, July 15th. Finally, Zacks Investment Research raised shares of Huntsman Corp. from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Friday, July 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $16.89.

The company has a market cap of $4.23 billion and a PE ratio of 21.21. The firm’s 50 day moving average price is $16.23 and its 200 day moving average price is $14.34.

Huntsman Corp. (NYSE:HUN) last released its earnings results on Wednesday, July 27th. The company reported $0.53 earnings per share for the quarter, meeting the Zacks’ consensus estimate 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 firm earned $0.63 earnings per share. The firm’s revenue was down 7.2% compared to the same quarter last year. Equities research analysts expect that Huntsman Corp. will post $1.75 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.81%.

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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