Analysts have been eager to weigh in on the Materials sector with new ratings on Tenaris SA (TS – Research Report), Olin (OLN – Research Report) and United States Steel (X – Research Report).
Tenaris SA (TS)
Morgan Stanley analyst Connor Lynagh maintained a Buy rating on Tenaris SA today and set a price target of $42.00. The company’s shares closed last Monday at $28.85.
According to TipRanks.com, Lynagh is a 1-star analyst with an average return of
Tenaris SA has an analyst consensus of Strong Buy, with a price target consensus of $43.80, which is a 51.7% upside from current levels. In a report issued on April 28, Cowen & Co. also maintained a Buy rating on the stock with a $40.00 price target.
See today’s best-performing stocks on TipRanks >>
Olin (OLN)
In a report issued on April 28, John Roberts CFA from Credit Suisse reiterated a Sell rating on Olin, with a price target of $52.00. The company’s shares closed last Monday at $55.47.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Olin with a $70.22 average price target.
United States Steel (X)
In a report released today, Carlos De Alba from Morgan Stanley maintained a Hold rating on United States Steel, with a price target of $30.00. The company’s shares closed last Monday at $22.97.
According to TipRanks.com, Alba is a 5-star analyst with an average return of
Currently, the analyst consensus on United States Steel is a Moderate Sell with an average price target of $23.37, representing a 1.7% upside. In a report issued on April 28, BMO Capital also assigned a Hold rating to the stock with a $27.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on TS:
- Tenaris reports Q1 EPS $1.91, consensus $1.65
- Tenaris Announces 2023 First Quarter Results
- Tenaris price target lowered to $40 from $44 at Morgan Stanley
- 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
