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Analysts Offer Insights on Materials Companies: Lsb Industries (LXU), Nucor (NUE) and Elanco Animal Health (ELAN)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Lsb Industries (LXUResearch Report), Nucor (NUEResearch Report) and Elanco Animal Health (ELANResearch Report).

Lsb Industries (LXU)

RBC Capital analyst Andrew Wong CFA maintained a Buy rating on Lsb Industries today and set a price target of $18.00. The company’s shares closed last Monday at $12.39.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 15.8% and a 55.2% success rate. CFA covers the Basic Materials sector, focusing on stocks such as NexGen Energy, CF Holdings, and Mosaic Co.

Currently, the analyst consensus on Lsb Industries is a Strong Buy with an average price target of $19.50, implying a 56.3% upside from current levels. In a report issued on January 27, Stifel Nicolaus also maintained a Buy rating on the stock with a $21.00 price target.

See the top stocks recommended by analysts >>

Nucor (NUE)

In a report released today, Carlos De Alba from Morgan Stanley maintained a Hold rating on Nucor, with a price target of $122.00. The company’s shares closed last Monday at $169.25.

According to TipRanks.com, Alba is a 5-star analyst with an average return of 31.4% and a 68.0% success rate. Alba covers the Basic Materials sector, focusing on stocks such as Compania de Minas Buenaventura SAA, United States Steel, and Nexa Resources SA.

Nucor has an analyst consensus of Hold, with a price target consensus of $151.00, implying a -8.6% downside from current levels. In a report issued on January 26, BMO Capital also maintained a Hold rating on the stock with a $165.00 price target.

Elanco Animal Health (ELAN)

Morgan Stanley analyst Erin Wright maintained a Hold rating on Elanco Animal Health today and set a price target of $19.00. The company’s shares closed last Monday at $13.56, close to its 52-week low of $11.18.

According to TipRanks.com, Wright is a 5-star analyst with an average return of 16.2% and a 64.8% success rate. Wright covers the Healthcare sector, focusing on stocks such as Phibro Animal Health, Idexx Laboratories, and Cardinal Health.

Elanco Animal Health has an analyst consensus of Hold, with a price target consensus of $15.40.

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