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Analysts Have Conflicting Sentiments on These Materials Companies: Ecolab (ECL), Genesis Energy (GEL) and International Paper Co (IP)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Ecolab (ECLResearch Report), Genesis Energy (GELResearch Report) and International Paper Co (IPResearch Report).

Ecolab (ECL)

RBC Capital analyst Ashish Sabadra maintained a Hold rating on Ecolab on July 31 and set a price target of $190.00. The company’s shares closed last Monday at $167.05.

According to TipRanks.com, Sabadra is a 3-star analyst with an average return of 3.3% and a 48.9% success rate. Sabadra covers the Services sector, focusing on stocks such as Terminix Global Holdings, HireRight Holdings Corp, and Vivint Smart Home.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ecolab with a $180.86 average price target, which is a 10.2% upside from current levels. In a report issued on July 27, Bank of America Securities also maintained a Hold rating on the stock with a $175.00 price target.

See the top stocks recommended by analysts >>

Genesis Energy (GEL)

RBC Capital analyst T J Schultz maintained a Buy rating on Genesis Energy on July 29 and set a price target of $17.00. The company’s shares closed last Monday at $10.27.

According to TipRanks.com, Schultz is a top 25 analyst with an average return of 18.8% and a 69.0% success rate. Schultz covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Equitrans Midstream, and Rattler Midstream.

Currently, the analyst consensus on Genesis Energy is a Moderate Buy with an average price target of $17.00.

International Paper Co (IP)

In a report issued on July 29, Paul Quinn from RBC Capital maintained a Hold rating on International Paper Co, with a price target of $47.00. The company’s shares closed last Monday at $42.82, close to its 52-week low of $40.21.

According to TipRanks.com, Quinn is a top 100 analyst with an average return of 21.4% and a 61.2% success rate. Quinn covers the Basic Materials sector, focusing on stocks such as Rayonier Advanced Materials, GreenFirst Forest Products, and West Fraser Timber Co.

The word on The Street in general, suggests a Hold analyst consensus rating for International Paper Co with a $47.00 average price target, a 10.5% upside from current levels. In a report issued on July 18, Wells Fargo also downgraded the stock to Hold with a $47.00 price target.

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