Venator Materials PLC (VNTR) Rating Increased to Strong-Buy at Zacks Investment Research

Venator Materials PLC (NASDAQ:VNTR) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday. The firm currently has a $26.00 price target on the stock. Zacks Investment Research‘s target price suggests a potential upside of 12.12% from the stock’s previous close.

According to Zacks, “Venator Materials PLC is a manufacturer and marketer of chemical products. The company’s product comprises a broad range of pigments and additives that bring color and vibrancy to building, protect and extend product life and reduce energy consumption. Its operating segment consists of Titanium Dioxide, which consists of our TiO2 business, and Performance Additives, which consists of our functional additives, color pigments, timber treatment and water treatment businesses. Venator Materials PLC is headquartered in The Woodlands, Texas. “

Several other brokerages also recently weighed in on VNTR. UBS AG initiated coverage on shares of Venator Materials PLC in a research note on Monday, August 28th. They set a “neutral” rating and a $22.00 target price for the company. SunTrust Banks, Inc. initiated coverage on shares of Venator Materials PLC in a research note on Monday, August 28th. They set a “buy” rating and a $25.00 target price for the company. Nomura increased their target price on shares of Venator Materials PLC from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday. Royal Bank Of Canada initiated coverage on shares of Venator Materials PLC in a research note on Monday, August 28th. They set an “outperform” rating and a $23.00 target price for the company. Finally, Bank of America Corporation reiterated a “buy” rating and set a $23.00 target price on shares of Venator Materials PLC in a research note on Monday, August 28th. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $24.00.

Venator Materials PLC (NASDAQ:VNTR) traded up 0.65% during midday trading on Tuesday, hitting $23.34. The company had a trading volume of 555,163 shares. The stock has a 50 day moving average price of $21.61 and a 200 day moving average price of $20.51. Venator Materials PLC has a 52 week low of $17.85 and a 52 week high of $23.73. The company’s market capitalization is $2.48 billion.

WARNING: This news story was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://ledgergazette.com/2017/10/10/venator-materials-plc-vntr-rating-increased-to-strong-buy-at-zacks-investment-research.html.

In related news, major shareholder Corp Huntsman sold 26,105,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $18.85, for a total value of $492,079,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Venator Materials PLC Company Profile

Venator Materials PLC is a manufacturer and marketer of chemical products. The Company is engaged in manufacturing titanium dioxide (TiO2), functional additives, color pigments, timber treatment and water treatment products.

According to Zacks, “Venator Materials PLC is a manufacturer and marketer of chemical products. The company’s product comprises a broad range of pigments and additives that bring color and vibrancy to building, protect and extend product life and reduce energy consumption. Its operating segment consists of Titanium Dioxide, which consists of our TiO2 business, and Performance Additives, which consists of our functional additives, color pigments, timber treatment and water treatment businesses. Venator Materials PLC is headquartered in The Woodlands, Texas. “

Several other brokerages also recently weighed in on VNTR. UBS AG initiated coverage on shares of Venator Materials PLC in a research note on Monday, August 28th. They set a “neutral” rating and a $22.00 target price for the company. SunTrust Banks, Inc. initiated coverage on shares of Venator Materials PLC in a research note on Monday, August 28th. They set a “buy” rating and a $25.00 target price for the company. Nomura increased their target price on shares of Venator Materials PLC from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday. Royal Bank Of Canada initiated coverage on shares of Venator Materials PLC in a research note on Monday, August 28th. They set an “outperform” rating and a $23.00 target price for the company. Finally, Bank of America Corporation reiterated a “buy” rating and set a $23.00 target price on shares of Venator Materials PLC in a research note on Monday, August 28th. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $24.00.

Venator Materials PLC (NASDAQ:VNTR) traded up 0.65% during midday trading on Tuesday, hitting $23.34. The company had a trading volume of 555,163 shares. The stock has a 50 day moving average price of $21.61 and a 200 day moving average price of $20.51. Venator Materials PLC has a 52 week low of $17.85 and a 52 week high of $23.73. The company’s market capitalization is $2.48 billion.

WARNING: This news story was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://ledgergazette.com/2017/10/10/venator-materials-plc-vntr-rating-increased-to-strong-buy-at-zacks-investment-research.html.

In related news, major shareholder Corp Huntsman sold 26,105,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $18.85, for a total value of $492,079,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Venator Materials PLC Company Profile

Venator Materials PLC is a manufacturer and marketer of chemical products. The Company is engaged in manufacturing titanium dioxide (TiO2), functional additives, color pigments, timber treatment and water treatment products. It operates through two segments: Titanium Dioxide and Performance Additives.

Analyst Recommendations for Venator Materials PLC (NASDAQ:VNTR)

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