Goldman Sachs Group upgraded shares of Venator Materials (NYSE:VNTR) from a neutral rating to a buy rating in a research note issued to investors on Monday, Briefing.com Automated Import reports. Goldman Sachs Group currently has $6.00 target price on the stock, up from their previous target price of $4.00.

Other equities analysts have also recently issued research reports about the stock. Bank of America raised shares of Venator Materials from an underperform rating to a buy rating in a research note on Friday, August 16th. Royal Bank of Canada cut shares of Venator Materials from an outperform rating to a sector perform rating and lowered their price objective for the stock from $8.00 to $3.00 in a research note on Friday, August 9th. Zacks Investment Research raised shares of Venator Materials from a sell rating to a hold rating in a research note on Friday, November 8th. Nomura lowered their price objective on shares of Venator Materials from $6.00 to $3.50 and set a neutral rating on the stock in a research note on Wednesday, August 7th. Finally, UBS Group set a $7.00 price objective on shares of Venator Materials and gave the stock a buy rating in a research note on Wednesday, August 7th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Venator Materials currently has an average rating of Hold and an average target price of $5.29.

Venator Materials stock traded down $0.13 during trading hours on Monday, hitting $3.97. 278,761 shares of the company traded hands, compared to its average volume of 702,663. The firm has a market cap of $419.22 million, a P/E ratio of 1.80, a P/E/G ratio of 1.08 and a beta of 2.56. The company has a quick ratio of 1.18, a current ratio of 2.36 and a debt-to-equity ratio of 0.91. The firm’s 50-day simple moving average is $2.83 and its two-hundred day simple moving average is $3.67. Venator Materials has a 1-year low of $1.85 and a 1-year high of $7.24.

Venator Materials (NYSE:VNTR) last released its earnings results on Wednesday, November 6th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.05. The firm had revenue of $526.00 million for the quarter, compared to analysts’ expectations of $511.49 million. Venator Materials had a negative net margin of 3.26% and a positive return on equity of 6.36%. Venator Materials’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the company earned $0.32 EPS. On average, equities research analysts predict that Venator Materials will post 0.35 earnings per share for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in VNTR. WINTON GROUP Ltd grew its stake in shares of Venator Materials by 4.1% in the 2nd quarter. WINTON GROUP Ltd now owns 71,302 shares of the company’s stock worth $377,000 after purchasing an additional 2,792 shares during the last quarter. Quantitative Systematic Strategies LLC grew its stake in shares of Venator Materials by 187.6% in the 2nd quarter. Quantitative Systematic Strategies LLC now owns 37,243 shares of the company’s stock worth $197,000 after purchasing an additional 24,294 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of Venator Materials in the 2nd quarter worth approximately $858,000. Acadian Asset Management LLC acquired a new position in shares of Venator Materials in the 2nd quarter worth approximately $390,000. Finally, Penn Capital Management Co. Inc. boosted its holdings in shares of Venator Materials by 111.5% in the second quarter. Penn Capital Management Co. Inc. now owns 532,129 shares of the company’s stock worth $2,815,000 after buying an additional 280,570 shares during the period. 43.24% of the stock is currently owned by institutional investors.

Venator Materials Company Profile

Venator Materials PLC manufactures and markets chemical products worldwide. It operates through two segments, Titanium Dioxide and Performance Additives. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and nano TiO2 products for use in coatings, plastics, paper, printing inks, fibers, and food and personal care products.

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Analyst Recommendations for Venator Materials (NYSE:VNTR)

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