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BMO Capital Maintains Underperform Rating for Venator Materials: Here's What You Need To Know

Benzinga · 11/15/2022 12:01

BMO Capital has decided to maintain its Underperform rating of Venator Materials (NYSE:VNTR) and lower its price target from $0.60 to $0.50.

Shares of Venator Materials are trading up 13.39% over the last 24 hours, at $0.76 per share.

A move to $0.50 would account for a 34.49% decline from the current share price.

About Venator Materials

Venator Materials PLC is a global manufacturer and marketer of chemical products. Its products comprise a broad range of pigments and additives that bring color and vibrancy to buildings, protect and extend product life, and reduce energy consumption. The company market its products globally to a diversified group of industrial customers through two segments, Titanium Dioxide, which consists of its TiO2 business, and Performance Additives, which consists of functional additives, color pigments, timber treatment, and water treatment businesses. It derives a majority of its revenue from the Titanium Dioxide segment. The company's key product lines include TiO2, color pigments, functional additives, timber treatment, and water treatment products.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.