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Wall Street Analysts Are Bullish on Top Materials Picks

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Eagle Materials (EXPResearch Report) and Sherwin-Williams Company (SHWResearch Report) with bullish sentiments.

Eagle Materials (EXP)

Goldman Sachs analyst Jerry Revich maintained a Buy rating on Eagle Materials today and set a price target of $149.00. The company’s shares closed last Friday at $139.72.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 12.6% and a 57.5% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Granite Construction, Primoris Services, and Manitowoc Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eagle Materials with a $156.00 average price target, implying a 12.3% upside from current levels. In a report issued on January 16, Stifel Nicolaus also maintained a Buy rating on the stock with a $166.00 price target.

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

Sherwin-Williams Company (SHW)

Morgan Stanley analyst Vincent Andrews maintained a Buy rating on Sherwin-Williams Company today and set a price target of $275.00. The company’s shares closed last Friday at $227.60.

According to TipRanks.com, Andrews is a 3-star analyst with an average return of 3.5% and a 64.1% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and Albemarle.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sherwin-Williams Company with a $252.69 average price target, which is a 12.3% 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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