There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Tenaris SA (TS – Research Report) and Peabody Energy Comm (BTU – Research Report) with bullish sentiments.
Tenaris SA (TS)
In a report released today, Connor Lynagh from Morgan Stanley maintained a Buy rating on Tenaris SA, with a price target of $40.00. The company’s shares closed last Tuesday at $29.20.
According to TipRanks.com, Lynagh is a 2-star analyst with an average return of
Currently, the analyst consensus on Tenaris SA is a Strong Buy with an average price target of $46.20.
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Peabody Energy Comm (BTU)
In a report released today, Nathan Martin from Benchmark Co. reiterated a Buy rating on Peabody Energy Comm, with a price target of $33.00. The company’s shares closed last Tuesday at $25.90.
According to TipRanks.com, Martin is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Peabody Energy Comm with a $32.33 average price target.
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Read More on TS:
- Tenaris Files 2022 Annual Report / Annual Report on Form 20-F, and 2022 Sustainability Report, and Convenes Annual General Meeting of Shareholders
- Tenaris to increase participation in T/T group
- Tenaris to Increase its Participation in Usiminas Control Group
- Tenaris downgraded to Neutral from Buy at Redburn
