There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Continental Resources (CLR) and CRH Plc (CRH) with bullish sentiments.
Continental Resources (CLR)
Bernstein analyst Max Warburton maintained a Buy rating on Continental Resources yesterday. The company’s shares closed yesterday at $44.73, close to its 52-week low of $43.53.
According to TipRanks.com, Warburton is ranked #2093 out of 5132 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Continental Resources with a $69.54 average price target, a 55.5% upside from current levels. In a report issued on November 13, Morgan Stanley also maintained a Buy rating on the stock.
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CRH Plc (CRH)
In a report released yesterday, Gregor Kuglitsch from UBS maintained a Buy rating on CRH Plc. The company’s shares closed yesterday at $27.80, close to its 52-week low of $26.58.
According to TipRanks.com, Kuglitsch is ranked #4375 out of 5132 analysts.
CRH Plc has an analyst consensus of Moderate Buy.
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