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Analysts Offer Insights on Materials Companies: Vulcan Materials (VMC) and Olin (OLN)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Vulcan Materials (VMCResearch Report) and Olin (OLNResearch Report).

Vulcan Materials (VMC)

In a report issued on February 16, Adam Seiden from Barclays reiterated a Buy rating on Vulcan Materials, with a price target of $250.00. The company’s shares closed last Friday at $255.15, close to its 52-week high of $260.81.

According to TipRanks.com, Seiden is a 5-star analyst with an average return of 11.5% and a 55.6% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Manitowoc Company, and Aecom Technology.

Currently, the analyst consensus on Vulcan Materials is a Strong Buy with an average price target of $261.40, a 1.8% upside from current levels. In a report released yesterday, Truist Financial also maintained a Buy rating on the stock with a $300.00 price target.

See today’s best-performing stocks on TipRanks >>

Olin (OLN)

Barclays analyst Michael Leithead maintained a Hold rating on Olin yesterday and set a price target of $57.00. The company’s shares closed last Friday at $52.55.

According to TipRanks.com, Leithead is a 4-star analyst with an average return of 5.6% and a 59.6% success rate. Leithead covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

Olin has an analyst consensus of Moderate Buy, with a price target consensus of $59.50.

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