Eagle Materials Inc (EXP) Receives a Buy from Citigroup
In a report released today, Scott Schrier from Citigroup maintained a Buy rating on Eagle Materials Inc (EXP), with a price target of $87. The company’s shares closed on Friday at $84.30.
According to TipRanks.com, Schrier is a 3-star analyst with an average return of 6.4% and a 61.4% success rate. Schrier covers the Consumer Goods sector, focusing on stocks such as Green Brick Partners, Taylor Morrison, and William Lyon.
Currently, the analyst consensus on Eagle Materials Inc is a Moderate Buy with an average price target of $87.71, representing a 4.0% upside. In a report issued on March 25, SunTrust Robinson also initiated coverage with a Buy rating on the stock with a $85 price target.
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Eagle Materials Inc’s market cap is currently $3.9B and has a P/E ratio of 17.16. The company has a Price to Book ratio of 2.74.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock.
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Eagle Materials, Inc. engaged in the manufacture and distribution of gypsum wallboard and cement. It operates through the following segments: Cement, Gypsum Wallboard, Recycled Paperboard, Oil and Gas Proppants, and Concrete and Aggregates.