Analysts have been eager to weigh in on the Materials sector with new ratings on UFP Industries (UFPI – Research Report) and Westlake Chemical (WLK – Research Report).
UFP Industries (UFPI)
D.A. Davidson analyst Kurt Yinger maintained a Hold rating on UFP Industries today and set a price target of $115.00. The company’s shares closed last Tuesday at $112.70.
According to TipRanks.com, Yinger is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for UFP Industries with a $122.80 average price target.
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Westlake Chemical (WLK)
In a report released today, Hassan Ahmed from Alembic Global reiterated a Buy rating on Westlake Chemical, with a price target of $185.00. The company’s shares closed last Tuesday at $147.36.
According to TipRanks.com, Ahmed is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Westlake Chemical with a $163.67 average price target, a 9.4% upside from current levels. In a report issued on April 18, Deutsche Bank also upgraded the stock to Buy with a $174.00 price target.
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