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Analysts Conflicted on These Materials Names: Commercial Metals Company (CMC), Methanex (MEOH) and DuPont de Nemours (DD)

Analysts have been eager to weigh in on the Materials sector with new ratings on Commercial Metals Company (CMCResearch Report), Methanex (MEOHResearch Report) and DuPont de Nemours (DDResearch Report).

Commercial Metals Company (CMC)

BMO Capital analyst David Gagliano assigned a Hold rating to Commercial Metals Company today and set a price target of $42.00. The company’s shares closed last Friday at $35.62.

According to TipRanks.com, Gagliano is a 4-star analyst with an average return of 6.1% and a 46.4% success rate. Gagliano covers the Basic Materials sector, focusing on stocks such as United States Steel, Peabody Energy Comm, and Freeport-McMoRan.

Currently, the analyst consensus on Commercial Metals Company is a Moderate Buy with an average price target of $44.43, which is a 23.5% upside from current levels. In a report released today, Citigroup also maintained a Hold rating on the stock with a $36.00 price target.

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Methanex (MEOH)

BMO Capital analyst Joel Jackson maintained a Buy rating on Methanex today and set a price target of $65.00. The company’s shares closed last Friday at $39.56.

According to TipRanks.com, Jackson is a 5-star analyst with an average return of 16.1% and a 63.7% success rate. Jackson covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Sociedad Quimica Y Minera SA, and Lithium Americas.

Currently, the analyst consensus on Methanex is a Moderate Buy with an average price target of $55.22, representing a 33.8% upside. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $73.00 price target.

DuPont de Nemours (DD)

BMO Capital analyst John McNulty maintained a Buy rating on DuPont de Nemours today and set a price target of $108.00. The company’s shares closed last Friday at $55.60.

According to TipRanks.com, McNulty is a 3-star analyst with an average return of 1.1% and a 45.2% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

DuPont de Nemours has an analyst consensus of Strong Buy, with a price target consensus of $85.91, a 51.7% upside from current levels. In a report issued on June 14, RBC Capital also maintained a Buy rating on the stock with a $84.00 price target.

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