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Analysts Conflicted on These Materials Names: Celanese (CE), Vulcan Materials (VMC) and Westlake Chemical (WLK)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Celanese (CEResearch Report), Vulcan Materials (VMCResearch Report) and Westlake Chemical (WLKResearch Report).

Celanese (CE)

In a report released today, John Roberts CFA from Credit Suisse maintained a Sell rating on Celanese, with a price target of $83.00. The company’s shares closed last Thursday at $94.49, close to its 52-week low of $86.71.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 6.2% and a 59.0% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Axalta Coating Systems, Westlake Chemical, and Origin Materials.

Currently, the analyst consensus on Celanese is a Moderate Buy with an average price target of $120.46.

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Vulcan Materials (VMC)

In a report released today, Patrick Brown from Raymond James maintained a Buy rating on Vulcan Materials, with a price target of $186.00. The company’s shares closed last Thursday at $169.04.

According to TipRanks.com, Brown is a top 100 analyst with an average return of 14.9% and a 69.2% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as Construction Partners, Old Dominion Freight, and XPO Logistics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vulcan Materials with a $199.50 average price target, which is a 24.0% upside from current levels. In a report released yesterday, Citigroup also maintained a Buy rating on the stock with a $194.00 price target.

Westlake Chemical (WLK)

In a report released today, Aleksey Yefremov from KeyBanc maintained a Sell rating on Westlake Chemical, with a price target of $85.00. The company’s shares closed last Thursday at $92.64.

According to TipRanks.com, Yefremov is a 5-star analyst with an average return of 11.8% and a 59.2% success rate. Yefremov covers the Basic Materials sector, focusing on stocks such as Axalta Coating Systems, DuPont de Nemours, and Eastman Chemical.

The word on The Street in general, suggests a Hold analyst consensus rating for Westlake Chemical with a $106.06 average price target.

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