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Analysts Conflicted on These Materials Names: Cemex SAB (CX) and Corteva (CTVA)

Analysts have been eager to weigh in on the Materials sector with new ratings on Cemex SAB (CXResearch Report) and Corteva (CTVAResearch Report).

Cemex SAB (CX)

In a report released yesterday, Harry Goad from Berenberg Bank maintained a Hold rating on Cemex SAB, with a price target of $4.70. The company’s shares closed last Thursday at $4.53.

According to TipRanks.com, Goad is ranked #7323 out of 8014 analysts.

Cemex SAB has an analyst consensus of Moderate Buy, with a price target consensus of $5.57.

See the top stocks recommended by analysts >>

Corteva (CTVA)

In a report released yesterday, Adrien Tamagno from Berenberg Bank maintained a Buy rating on Corteva, with a price target of $66.00. The company’s shares closed last Thursday at $60.27, close to its 52-week high of $64.03.

According to TipRanks.com, Tamagno is a 4-star analyst with an average return of 16.5% and a 66.7% success rate. Tamagno covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, EMS-CHEMIE HOLDING AG, and CF Holdings.

Corteva has an analyst consensus of Strong Buy, with a price target consensus of $68.14, representing a 12.6% upside. In a report issued on August 8, J.P. Morgan also upgraded the stock to Buy with a $63.00 price target.

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