Analysts have been eager to weigh in on the Materials sector with new ratings on Archer Daniels Midland (ADM – Research Report) and Cronos Group (CRON – Research Report).
Archer Daniels Midland (ADM)
In a report issued on January 27, Vincent Anderson from Stifel Nicolaus maintained a Buy rating on Archer Daniels Midland, with a price target of $116.00. The company’s shares closed last Friday at $83.63.
According to TipRanks.com, Anderson is a 5-star analyst with an average return of
Archer Daniels Midland has an analyst consensus of Moderate Buy, with a price target consensus of $106.33.
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Cronos Group (CRON)
In a report issued on January 27, W. Andrew Carter from Stifel Nicolaus maintained a Hold rating on Cronos Group, with a price target of $2.90. The company’s shares closed last Friday at $2.49, close to its 52-week low of $2.39.
According to TipRanks.com, Carter is a 1-star analyst with an average return of
Cronos Group has an analyst consensus of Moderate Buy, with a price target consensus of $3.68.
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Read More on ADM:
- Archer Daniels increases quarterly dividend 12.5% to 45c per share
- Archer Daniels reports Q4 EPS $1.93, consensus $1.64
- Archer Daniels put volume heavy and directionally bearish
- Archer Daniels price target raised to $116 from $114 at Stifel
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