Analysts Offer Insights on Materials Companies: US Silica Holdings (SLCA) and Enterprise Products Partners LP (EPD)


There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on US Silica Holdings (NYSE:SLCA) and Enterprise Products Partners LP (NYSE:EPD) with bullish sentiments.

US Silica Holdings (SLCA)

In a report released yesterday, David Anderson from Barclays maintained a Buy rating on US Silica Holdings, with a price target of $40. The company’s shares closed yesterday at $25.86.

According to TipRanks.com, Anderson is a 1-star analyst with an average return of -2.6% and a 43.0% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Baker Hughes a GE company, Mammoth Energy Services, and Schlumberger Limited.

Currently, the analyst consensus on US Silica Holdings is a Moderate Buy with an average price target of $34.38, a 32.9% upside from current levels. In a report issued on July 27, KeyBanc also maintained a Buy rating on the stock with a $35 price target.

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Enterprise Products Partners LP (EPD)

Barclays analyst Christine Cho maintained a Buy rating on Enterprise Products Partners LP yesterday and set a price target of $34. The company’s shares closed yesterday at $29.41, close to its 52-week high of $30.05.

According to TipRanks.com, Cho is a 2-star analyst with an average return of 0.8% and a 48.3% success rate. Cho covers the Basic Materials sector, focusing on stocks such as Cheniere Energy Partners LP Holdings LLC, Cheniere Energy Partners LP, and Dcp Midstream Partners Lp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Enterprise Products Partners LP with a $33.83 average price target, representing a 15.0% upside. In a report issued on July 18, Jefferies also reiterated a Buy rating on the stock with a $33 price target.

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