Companies in the Materials sector have received a lot of coverage today as analysts weigh in on NGL Energy Partners (NYSE:NGL) and First Majestic Silver (NYSE:AG).
NGL Energy Partners (NGL)
Stifel Nicolaus analyst Selman Akyol maintained a Hold rating on NGL Energy Partners today and set a price target of $13. The company’s shares closed yesterday at $12.90.
According to TipRanks.com, Akyol is a 4-star analyst with an average return of 3.0% and a 60.3% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Energy Transfer Partners LP, Dcp Midstream Partners Lp, and Spectra Energy Partners.
Currently, the analyst consensus on NGL Energy Partners is a Moderate Buy with an average price target of $12.
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First Majestic Silver (AG)
In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on First Majestic Silver, with a price target of $9. The company’s shares closed yesterday at $5.49, close to its 52-week low of $4.93.
According to TipRanks.com, Ihle is a 1-star analyst with an average return of -0.1% and a 29.8% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Northern Dynasty Minerals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Majestic Silver with a $9.88 average price target.
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