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Analysts Have Conflicting Sentiments on These Materials Companies: LANXESS (OtherLNXSF), Keppel Infrastructure (OtherKPLIF) and Ganfeng Lithium Co (OtherGNENF)

Analysts have been eager to weigh in on the Materials sector with new ratings on LANXESS (LNXSFResearch Report), Keppel Infrastructure (KPLIFResearch Report) and Ganfeng Lithium Co (GNENFResearch Report).

LANXESS (LNXSF)

In a report released today, Oliver Schwarz from Warburg Research maintained a Buy rating on LANXESS, with a price target of EUR32.80. The company’s shares closed last Friday at $28.75.

According to TipRanks.com, Schwarz is ranked #3014 out of 8824 analysts.

LANXESS has an analyst consensus of Hold, with a price target consensus of $30.02, a 4.4% upside from current levels. In a report released today, Goldman Sachs also maintained a Buy rating on the stock with a EUR29.00 price target.

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

Keppel Infrastructure (KPLIF)

DBS analyst Suvro Sarkar maintained a Buy rating on Keppel Infrastructure yesterday and set a price target of S$0.57. The company’s shares closed last Tuesday at $0.38, equals to its 52-week high of $0.38.

According to TipRanks.com, Sarkar is a 4-star analyst with an average return of 7.4% and a 69.2% success rate. Sarkar covers the NA sector, focusing on stocks such as Conocophillips, EOG Resources, and Exxon Mobil.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Keppel Infrastructure with a $0.42 average price target.

Ganfeng Lithium Co (GNENF)

In a report released today, Johnson Wan from Jefferies maintained a Sell rating on Ganfeng Lithium Co, with a price target of HK$17.00. The company’s shares closed last Tuesday at $3.24, close to its 52-week low of $2.41.

According to TipRanks.com, Wan is ranked #4080 out of 8824 analysts.

Currently, the analyst consensus on Ganfeng Lithium Co is a Moderate Buy with an average price target of $3.47.

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