Analysts have been eager to weigh in on the Materials sector with new ratings on Propetro Holding Corp (PUMP) and Dycom (DY).
Propetro Holding Corp (PUMP)
Credit Suisse analyst James Wicklund maintained a Buy rating on Propetro Holding Corp today and set a price target of $22. The company’s shares closed yesterday at $19.06.
According to TipRanks.com, Wicklund ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -10.3% and a 33.0% success rate. Wicklund covers the Basic Materials sector, focusing on stocks such as Solaris Oilfield Infrastructure Inc, Ncs Multistage Holdings Inc, and Select Energy Services Inc.
Currently, the analyst consensus on Propetro Holding Corp is a Strong Buy with an average price target of $23, a 20.7% upside from current levels. In a report released yesterday, R.F. Lafferty also maintained a Buy rating on the stock with a $33 price target.
See today’s analyst top recommended stocks >>
Dycom (DY)
D.A. Davidson analyst Brent Thielman maintained a Hold rating on Dycom today and set a price target of $50. The company’s shares closed yesterday at $43.33, close to its 52-week low of $41.78.
According to TipRanks.com, Thielman is a 4-star analyst with an average return of 5.7% and a 59.6% success rate. Thielman covers the Basic Materials sector, focusing on stocks such as Granite Construction Inc, Eagle Materials Inc, and Jacobs Engineering.
Dycom has an analyst consensus of Strong Buy, with a price target consensus of $57.25.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
