tiprankstipranks
Blurbs

Analysts Conflicted on These Materials Names: Cemex SAB (CX), Air Products and Chemicals (APD) and Vale SA (VALE)

Analysts have been eager to weigh in on the Materials sector with new ratings on Cemex SAB (CXResearch Report), Air Products and Chemicals (APDResearch Report) and Vale SA (VALEResearch Report).

Cemex SAB (CX)

Barclays analyst Benjamin Theurer maintained a Hold rating on Cemex SAB today and set a price target of $9.00. The company’s shares closed last Monday at $8.40.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.9% and a 56.1% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Coca Cola Femsa SAB De CV, Pilgrim’s Pride, and Hormel Foods.

Currently, the analyst consensus on Cemex SAB is a Strong Buy with an average price target of $9.25.

See Insiders’ Hot Stocks on TipRanks >>

Air Products and Chemicals (APD)

Mizuho Securities analyst John Roberts CFA maintained a Buy rating on Air Products and Chemicals on April 11 and set a price target of $295.00. The company’s shares closed last Monday at $231.16.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 5.5% and a 60.1% success rate. CFA covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Sherwin-Williams Company, and Axalta Coating Systems.

Currently, the analyst consensus on Air Products and Chemicals is a Moderate Buy with an average price target of $269.20, implying a 15.5% upside from current levels. In a report issued on April 10, Citi also maintained a Buy rating on the stock with a $285.00 price target.

Vale SA (VALE)

In a report released today, Amos Fletcher from Barclays maintained a Buy rating on Vale SA, with a price target of $17.00. The company’s shares closed last Monday at $12.00, close to its 52-week low of $11.73.

Fletcher has an average return of 6.9% when recommending Vale SA.

According to TipRanks.com, Fletcher is ranked #4763 out of 8783 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vale SA with a $16.56 average 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 CX:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles