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Analysts Have Conflicting Sentiments on These Materials Companies: Linde (LIN) and Ferroglobe (GSM)

Analysts have been eager to weigh in on the Materials sector with new ratings on Linde (LINResearch Report) and Ferroglobe (GSMResearch Report).

Linde (LIN)

Seaport Global analyst Michael Harrison CFA maintained a Hold rating on Linde today. The company’s shares closed last Tuesday at $432.11.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 7.9% and a 66.0% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

Linde has an analyst consensus of Moderate Buy, with a price target consensus of $488.91, a 12.5% upside from current levels. In a report issued on May 2, Stifel Nicolaus also maintained a Hold rating on the stock with a $459.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Ferroglobe (GSM)

Seaport Global analyst Martin Englert maintained a Buy rating on Ferroglobe today and set a price target of $9.00. The company’s shares closed last Tuesday at $5.58.

According to TipRanks.com, Englert is a 1-star analyst with an average return of -2.6% and a 53.3% success rate. Englert covers the Basic Materials sector, focusing on stocks such as Schnitzer Steel Industries, Reliance Steel, and Steel Dynamics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ferroglobe with a $9.00 average price target.

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