Analysts have been eager to weigh in on the Materials sector with new ratings on Sherwin-Williams Company (SHW – Research Report) and Steel Dynamics (STLD – Research Report).
Sherwin-Williams Company (SHW)
Seaport Global analyst Michael Harrison CFA maintained a Hold rating on Sherwin-Williams Company today. The company’s shares closed last Wednesday at $303.10.
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 Sherwin-Williams Company with a $348.24 average price target, representing a 15.2% upside. In a report issued on April 10, Wells Fargo also maintained a Hold rating on the stock with a $320.00 price target.
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Steel Dynamics (STLD)
In a report released today, Martin Englert from Seaport Global maintained a Buy rating on Steel Dynamics, with a price target of $145.00. The company’s shares closed last Wednesday at $144.17, close to its 52-week high of $151.34.
According to TipRanks.com, Englert is a 1-star analyst with an average return of
Currently, the analyst consensus on Steel Dynamics is a Hold with an average price target of $133.57.
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Read More on SHW:
- Sherwin-Williams sees FY24 adjusted EPS $10.85-$11.35, consensus $11.44
- The Sherwin-Williams Company Reports 2024 First Quarter Financial Results
- Sherwin-Williams sees Q2 revenue growth flat to up in low-single digits
- Sherwin-Williams reports Q1 adjusted EPS $2.17, consensus $2.21
- Notable companies reporting before tomorrow’s open
