Headlines about Venator Materials (NYSE:VNTR) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Venator Materials earned a news impact score of 0.07 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.6269926705558 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several research analysts have recently weighed in on VNTR shares. Goldman Sachs Group downgraded Venator Materials from a “buy” rating to a “neutral” rating and set a $27.00 price target for the company. in a research note on Wednesday, December 6th. JPMorgan Chase & Co. increased their price target on Venator Materials from $23.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, October 30th. Citigroup raised their target price on Venator Materials from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Bank of America raised their target price on Venator Materials from $23.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Finally, Zacks Investment Research downgraded Venator Materials from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 19th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $27.47.
Venator Materials (VNTR) opened at $23.90 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.03 and a quick ratio of 1.25. The company has a market capitalization of $2,540.00 and a P/E ratio of 43.45. Venator Materials has a 12 month low of $17.85 and a 12 month high of $26.90.
In other news, major shareholder Corp Huntsman sold 1,948,955 shares of Venator Materials stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $21.66, for a total value of $42,214,365.30. The sale was disclosed in a document filed with the SEC, which is available through this link.
WARNING: This story was published by Week Herald and is owned by of Week Herald. If you are reading this story on another publication, it was stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this story can be read at https://weekherald.com/2018/01/20/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-venator-materials-vntr-share-price.html.
Venator Materials 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.
Receive News & Ratings for Venator Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Venator Materials and related companies with MarketBeat.com's FREE daily email newsletter.