Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Nutrien (NTR – Research Report), Mercer International (MERC – Research Report) and Celanese (CE – Research Report).
Nutrien (NTR)
RBC Capital analyst Andrew Wong CFA assigned a Buy rating to Nutrien yesterday and set a price target of $70.00. The company’s shares closed last Friday at $58.17.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
Currently, the analyst consensus on Nutrien is a Moderate Buy with an average price target of $66.20, a 13.2% upside from current levels. In a report issued on May 9, Scotiabank also maintained a Buy rating on the stock with a $67.00 price target.
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Mercer International (MERC)
In a report released yesterday, Matt McKellar from RBC Capital assigned a Hold rating to Mercer International, with a price target of $11.00. The company’s shares closed last Friday at $10.51, close to its 52-week high of $11.20.
According to TipRanks.com, McKellar is a 3-star analyst with an average return of
Mercer International has an analyst consensus of Hold, with a price target consensus of $10.50.
Celanese (CE)
In a report released yesterday, Arun Viswanathan from RBC Capital maintained a Buy rating on Celanese, with a price target of $176.00. The company’s shares closed last Friday at $156.69.
According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of
Celanese has an analyst consensus of Hold, with a price target consensus of $166.60, a 3.2% upside from current levels. In a report issued on May 8, Robert W. Baird also maintained a Buy rating on the stock with a $165.00 price target.
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