Analysts Offer Insights on Materials Companies: Gevo (GEVO), Limoneira Co (LMNR) and Vital Farms (VITL)

There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Gevo (GEVO – Research Report), Limoneira Co (LMNR – Research Report) and Vital Farms (VITL – Research Report) with bullish sentiments.

Gevo (GEVO)

Stifel Nicolaus analyst Derrick Whitfield reiterated a Buy rating on Gevo yesterday. The company’s shares closed last Thursday at $1.61.

According to TipRanks.com, Whitfield ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -10.8% and a 31.9% success rate. Whitfield covers the Utilities sector, focusing on stocks such as TXO Energy Partners LP, Northern Oil And Gas, and Comstock Resources.

Gevo has an analyst consensus of Moderate Buy, with a price target consensus of $10.13, representing a 492.4% upside. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $18.00 price target.

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Limoneira Co (LMNR)

Stifel Nicolaus analyst Vincent Anderson maintained a Buy rating on Limoneira Co yesterday and set a price target of $19.00. The company’s shares closed last Thursday at $15.88.

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 20.0% and a 61.4% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Archer Daniels Midland, Eastman Chemical, and Lsb Industries.

Limoneira Co has an analyst consensus of Strong Buy, with a price target consensus of $18.33.

Vital Farms (VITL)

Stifel Nicolaus analyst Christopher Growe maintained a Buy rating on Vital Farms yesterday and set a price target of $22.00. The company’s shares closed last Thursday at $15.99.

According to TipRanks.com, Growe is a 4-star analyst with an average return of 7.6% and a 65.8% success rate. Growe covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company.

Currently, the analyst consensus on Vital Farms is a Moderate Buy with an average price target of $20.50, a 25.8% upside from current levels. In a report released yesterday, Morgan Stanley also assigned a Buy rating to the stock with a $19.00 price target.

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Read More on GEVO:

• Gevo Inc Earnings Report: Did it Beat Expectations?
• Gevo Reports Fourth Quarter 2022 Financial Results
• Gevo finalizes development agreement with Zero6, says Stifel
• Gevo finalizes hydrogen development services agreement with Zero6
• Gevo Finalizes Renewable Hydrogen Development Services Agreement with Zero6 Energy, Selects Cummins as Technology Partner