Venator Materials PLC (VNTR) Given Buy Rating at Alembic Global Advisors

Alembic Global Advisors reissued their buy rating on shares of Venator Materials PLC (NYSE:VNTR) in a report published on Monday morning. The brokerage currently has a $32.00 target price on the stock.

Several other equities analysts have also recently commented on VNTR. Citigroup Inc. upped their price target on Venator Materials PLC from $28.00 to $29.00 and gave the company a buy rating in a report on Tuesday, October 31st. Zacks Investment Research cut Venator Materials PLC from a strong-buy rating to a hold rating in a report on Wednesday, November 15th. Vertical Research began coverage on Venator Materials PLC in a report on Monday, October 23rd. They issued a buy rating and a $28.00 target price for the company. J P Morgan Chase & Co increased their target price on Venator Materials PLC from $23.00 to $29.00 and gave the stock an overweight rating in a report on Monday, October 30th. Finally, Nomura increased their target price on Venator Materials PLC from $24.00 to $26.00 and gave the stock a buy rating in a report on Tuesday, October 10th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Venator Materials PLC presently has a consensus rating of Buy and a consensus price target of $27.33.

Venator Materials PLC (NYSE VNTR) traded up $0.49 during trading on Monday, reaching $23.59. The company’s stock had a trading volume of 270,600 shares, compared to its average volume of 640,962. The company has a quick ratio of 1.25, a current ratio of 2.03 and a debt-to-equity ratio of 0.74. Venator Materials PLC has a 12-month low of $17.85 and a 12-month high of $26.90.

Venator Materials PLC (NYSE:VNTR) last posted its quarterly earnings results on Friday, October 27th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.45 by $0.25. The firm had revenue of $582.00 million during the quarter, compared to analyst estimates of $568.31 million. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. analysts expect that Venator Materials PLC will post 2.04 earnings per share for the current fiscal year.

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Hedge funds have recently added to or reduced their stakes in the stock. Jennison Associates LLC acquired a new stake in Venator Materials PLC during the 3rd quarter valued at $47,734,000. Victory Capital Management Inc. acquired a new stake in Venator Materials PLC during the 3rd quarter valued at $33,036,000. State of Wisconsin Investment Board acquired a new stake in Venator Materials PLC during the 3rd quarter valued at $4,023,000. First Trust Advisors LP acquired a new stake in Venator Materials PLC during the 3rd quarter valued at $1,863,000. Finally, Barings LLC acquired a new stake in Venator Materials PLC during the 3rd quarter valued at $2,192,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

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 (NYSE:VNTR)

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