Huntsman Corp (Symbol: HUN) shares recently surpassed the average 12-month analyst target price of $28.50, reaching $29.07 per share. This development signals a potential reassessment among analysts, who may either downgrade their targets due to valuation or raise them in light of favorable business developments.
Currently, the Zacks coverage universe includes 12 analyst targets for Huntsman, with a high estimate of $38.00 and a low of $22.00, resulting in a standard deviation of $4.033. Presently, there are 3 strong buy ratings, 9 hold ratings, and 1 sell rating, reflecting a mixed sentiment with an average rating of 2.93 (on a scale where 1 is “Strong Buy” and 5 is “Strong Sell”).
