Materials Sector Gets Mixed Reviews from Analysts
Analysts have been weighing in on three materials companies: Corteva (CTVA), Nine Dragons Paper Holdings (NDGPF), and Linde (LIN).
Corteva is one of them. BMO Capital analyst Joel Jackson maintained a Buy rating on the company, setting a price target of $15.00. The current consensus among analysts is a Moderate Buy with an average price target of $83.14, which represents a 475.8% upside from current levels.
Jackson has a 5-star ranking and a success rate of 58.3%. He covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Sociedad Quimica Y Minera SA, and Cf Industries Holdings.
Nine Dragons Paper Holdings is another company with conflicting analyst sentiments. Goldman Sachs analyst Joy Zhang maintained a Sell rating on the stock, setting a price target of HK$4.90. The current consensus among analysts is a Moderate Buy with an average price target of $1.14.
Linde rounds out the three companies. Abigail Eberts from Wells Fargo reiterated a Buy rating on Linde, with a price target of $570.00. The company has an analyst consensus of Strong Buy, with a price target consensus of $558.27, representing an 18.3% upside.