Alembic Global Thinks Venator Materials’ Stock is Going to Recover

By Austin Angelo

Alembic Global analyst Hassan Ahmed reiterated a Buy rating on Venator Materials (VNTRResearch Report) today and set a price target of $3.00. The company’s shares closed last Tuesday at $1.27, close to its 52-week low of $1.12.

According to, Ahmed ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.6% and a 28.6% success rate. Ahmed covers the Industrial Goods sector, focusing on stocks such as Westlake Chemical, LyondellBasell, and Celanese.

The word on The Street in general, suggests a Hold analyst consensus rating for Venator Materials with a $2.63 average price target.

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Based on Venator Materials’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $464 million and GAAP net loss of $174 million. In comparison, last year the company earned revenue of $484 million and had a GAAP net loss of $69 million.

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Venator Materials Plc engages in the manufacture and marketing of chemical products. The firm focuses on development and manufacture of titanium dioxide pigments and performance additives. It operates through two segments: Titanium Dioxide and Performance Additives. The Titanium Dioxide segment involves the creation of (TiO2) from titanium bearing ores and is a white inert pigment that provides whiteness, opacity and brightness to thousands of everyday items, including coatings, plastics, paper, printing inks, fibers, food and personal care products. The Performance Additives segment consists of functional additives, color pigments, timber and water treatment businesses. The company offers its products under the brands TIOXIDE, HOMBITAN, HOMBITEC, UVTITAN, ALTRIS, DAVIS COLORS, GRANUFIN, FERROXIDE, HOLIDAY PGMENTS, COPPERAS RED, HOMBIKAT, DELTIO, SACHTOLITH, ECOLIFE, and NICASAL. Venator Materials was founded on April 28, 2017 and is headquartered in Wynyard Park, the United Kingdom.