Analysts Offer Insights on Materials Companies: Andeavor (EGN) and Energen Corp (EGN)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Andeavor (NYSE: ANDV) and Energen Corp (NYSE: EGN).

Andeavor (NYSE: ANDV)

Morgan Stanley analyst Benny Wong maintained a Hold rating on Andeavor (NYSE: ANDV) today and set a price target of $182. The company’s shares opened today at $144.11, close to its 52-week high of $147.28.

According to TipRanks.com, Wong is a 1-star analyst with an average return of -1.0% and a 40.0% success rate. Wong covers the Basic Materials sector, focusing on stocks such as Imperial Oil Limited, Hollyfrontier Corp, and Delek US Holdings.

Currently, the analyst consensus on Andeavor is Moderate Buy and the average price target is $145.75, representing a 1.1% upside.

In a report issued on May 8, Wells Fargo also downgraded the stock to Hold.

See today’s analyst top recommended stocks >>

Energen Corp (NYSE: EGN)

J.P. Morgan analyst Michael Glick maintained a Sell rating on Energen Corp (NYSE: EGN) today and set a price target of $67. The company’s shares opened today at $71.50, close to its 52-week high of $71.97.

According to TipRanks.com, Glick is ranked #3576 out of 4801 analysts.

Energen Corp has an analyst consensus of Moderate Buy, with a price target consensus of $75.50.

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