There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Kosmos Energy (KOS) and CNX Midstream Partners LP (CNXM) with bullish sentiments.
Kosmos Energy (KOS)
Barclays analyst James Hosie maintained a Buy rating on Kosmos Energy on May 7 and set a price target of $9. The company’s shares opened today at $6.60.
Hosie has an average return of 1.8% when recommending Kosmos Energy.
According to TipRanks.com, Hosie is ranked #4991 out of 5185 analysts.
Currently, the analyst consensus on Kosmos Energy is a Strong Buy with an average price target of $9.67, representing a 46.5% upside. In a report issued on May 1, Berenberg Bank also maintained a Buy rating on the stock with a $12 price target.
See today’s analyst top recommended stocks >>
CNX Midstream Partners LP (CNXM)
In a report issued on May 6, Christopher Tillett from Barclays maintained a Buy rating on CNX Midstream Partners LP, with a price target of $19. The company’s shares opened today at $14.67, close to its 52-week low of $13.86.
According to TipRanks.com, Tillett is a 1-star analyst with an average return of -6.3% and a 42.9% success rate. Tillett covers the Basic Materials sector, focusing on stocks such as Antero Midstream Corporation, Western Midstream Partners, and Summit Midstream.
CNX Midstream Partners LP has an analyst consensus of Moderate Buy, with a price target consensus of $18.50.
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.
