Analysts have been eager to weigh in on the Materials sector with new ratings on Archer Daniels Midland (ADM – Research Report), Eastman Chemical (EMN – Research Report) and Sherwin-Williams Company (SHW – Research Report).
Archer Daniels Midland (ADM)
In a report issued on January 26, Ben Kallo from Robert W. Baird reiterated a Buy rating on Archer Daniels Midland, with a price target of $98.00. The company’s shares closed last Friday at $83.63.
Kallo has an average return of
According to TipRanks.com, Kallo is ranked #606 out of 8305 analysts.
Currently, the analyst consensus on Archer Daniels Midland is a Strong Buy with an average price target of $104.25, which is a 22.2% upside from current levels. In a report issued on January 27, Stifel Nicolaus also maintained a Buy rating on the stock with a $116.00 price target.
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Eastman Chemical (EMN)
Mizuho Securities analyst Kieran de Brun maintained a Hold rating on Eastman Chemical on January 26 and set a price target of $85.00. The company’s shares closed last Friday at $86.82.
According to TipRanks.com, Brun is ranked #3231 out of 8305 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eastman Chemical with a $95.33 average price target, representing an 8.3% upside. In a report issued on January 16, Deutsche Bank also downgraded the stock to Hold with a $96.00 price target.
Sherwin-Williams Company (SHW)
In a report issued on January 27, Ghansham Panjabi from Robert W. Baird maintained a Buy rating on Sherwin-Williams Company, with a price target of $275.00. The company’s shares closed last Friday at $228.54.
According to TipRanks.com, Panjabi is a 5-star analyst with an average return of
Sherwin-Williams Company has an analyst consensus of Moderate Buy, with a price target consensus of $253.92, which is a 12.8% upside from current levels. In a report issued on January 12, Mizuho Securities also maintained a Buy rating on the stock with a $267.00 price target.
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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
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations