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Analysts’ Opinions Are Mixed on These Materials Stocks: Linde (LIN), Mohawk (MHK) and Celanese (CE)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Linde (LINResearch Report), Mohawk (MHKResearch Report) and Celanese (CEResearch Report).

Linde (LIN)

Mizuho Securities analyst Chris Parkinson assigned a Hold rating to Linde on July 28 and set a price target of $353.00. The company’s shares closed last Friday at $302.00.

According to TipRanks.com, Parkinson is a 5-star analyst with an average return of 8.5% and a 58.5% success rate. Parkinson covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

Currently, the analyst consensus on Linde is a Strong Buy with an average price target of $345.16, which is a 15.4% upside from current levels. In a report issued on July 19, Cowen & Co. also maintained a Hold rating on the stock with a $280.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Mohawk (MHK)

In a report issued on July 28, Timothy Wojs from Robert W. Baird maintained a Hold rating on Mohawk, with a price target of $150.00. The company’s shares closed last Friday at $128.48, close to its 52-week low of $114.96.

According to TipRanks.com, Wojs is a 2-star analyst with an average return of 0.2% and a 51.2% success rate. Wojs covers the Industrial Goods sector, focusing on stocks such as Simpson Manufacturing Co, Lennox International, and Carlisle Companies.

Mohawk has an analyst consensus of Hold, with a price target consensus of $147.00, representing a 9.2% upside. In a report issued on July 13, Loop Capital Markets also maintained a Hold rating on the stock with a $130.00 price target.

Celanese (CE)

In a report issued on July 28, Ghansham Panjabi from Robert W. Baird maintained a Buy rating on Celanese, with a price target of $225.00. The company’s shares closed last Friday at $117.51.

According to TipRanks.com, Panjabi is a 5-star analyst with an average return of 7.8% and a 59.1% success rate. Panjabi covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and H.B. Fuller Company.

Currently, the analyst consensus on Celanese is a Moderate Buy with an average price target of $152.67, a 28.2% upside from current levels. In a report issued on July 28, Alembic Global also maintained a Buy rating on the stock with a $165.00 price target.

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