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Analysts Offer Insights on Materials Companies: United States Steel (X), Scotts Miracle-Gro Company (SMG) and Ternium SA (TX)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on United States Steel (XResearch Report), Scotts Miracle-Gro Company (SMGResearch Report) and Ternium SA (TXResearch Report).

United States Steel (X)

J.P. Morgan analyst Michael Glick maintained a Sell rating on United States Steel yesterday and set a price target of $24.00. The company’s shares closed last Thursday at $22.98.

Glick has an average return of 16.1% when recommending United States Steel.

According to TipRanks.com, Glick is ranked #7234 out of 7992 analysts.

United States Steel has an analyst consensus of Hold, with a price target consensus of $27.10.

See today’s best-performing stocks on TipRanks >>

Scotts Miracle-Gro Company (SMG)

J.P. Morgan analyst Jeffrey Zekauskas maintained a Hold rating on Scotts Miracle-Gro Company yesterday and set a price target of $80.00. The company’s shares closed last Thursday at $80.27, close to its 52-week low of $72.58.

According to TipRanks.com, Zekauskas is a 4-star analyst with an average return of 6.7% and a 59.8% success rate. Zekauskas covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Air Products and Chemicals, and Sherwin-Williams Company.

The word on The Street in general, suggests a Hold analyst consensus rating for Scotts Miracle-Gro Company with a $98.00 average price target, which is a 20.5% upside from current levels. In a report issued on July 22, UBS also downgraded the stock to Hold with a $92.00 price target.

Ternium SA (TX)

In a report released yesterday, Rodolfo Angele from J.P. Morgan maintained a Buy rating on Ternium SA, with a price target of $51.50. The company’s shares closed last Thursday at $34.21, close to its 52-week low of $29.83.

According to TipRanks.com, Angele is ranked #5011 out of 7992 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Ternium SA with a $43.88 average price target.

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