Analysts’ Opinions Are Mixed on These Materials Stocks: Goodrich Petroleum Corp (NYSE MKT: GDP), Nustar Energy LP (NYSE: NS) and MasTec (NYSE: MTZ)


Analysts have been eager to weigh in on the Materials sector with new ratings on Goodrich Petroleum Corp (NYSE MKT: GDP), Nustar Energy LP (NYSE: NS) and MasTec (NYSE: MTZ).

Goodrich Petroleum Corp (NYSE MKT: GDP)

Robert W. Baird analyst Joseph Allman maintained a Buy rating on Goodrich Petroleum Corp (NYSE MKT: GDP) today and set a price target of $18. The company’s shares opened today at $12.68.

According to TipRanks.com, Allman is ranked 0 out of 5 stars with an average return of -4.5% and a 37.8% success rate. Allman covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Continental Resources, and Earthstone Energy.

Goodrich Petroleum Corp has an analyst consensus of Strong Buy, with a price target consensus of $18.67.

See today’s analyst top recommended stocks >>

Nustar Energy LP (NYSE: NS)

In a report released today, Faisel Khan from Citigroup maintained a Hold rating on Nustar Energy LP (NYSE: NS), with a price target of $22. The company’s shares opened today at $20.98, close to its 52-week low of $19.22.

According to TipRanks.com, Khan is a 5-star analyst with an average return of 15.2% and a 72.4% success rate. Khan covers the Basic Materials sector, focusing on stocks such as BP Midstream Partners LP, Andeavor Logistics LP, and Targa Resources Corp.

Nustar Energy LP has an analyst consensus of Hold, with a price target consensus of $24.50.

MasTec (NYSE: MTZ)

In a report released today, Andrew Wittmann from Robert W. Baird maintained a Hold rating on MasTec (NYSE: MTZ), with a price target of $51. The company’s shares opened today at $46.55.

According to TipRanks.com, Wittmann is a 3-star analyst with an average return of 3.5% and a 55.2% success rate. Wittmann covers the Basic Materials sector, focusing on stocks such as Jacobs Engineering, Mistras Group Inc, and Quanta Services.

MasTec has an analyst consensus of Strong Buy, with a price target consensus of $62.33.

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