Jefferies analyst Philip Ng reiterated a Buy rating on Eagle Materials Inc (NYSE: EXP) today and set a price target of $125. The company’s shares opened today at $85.84, close to its 52-week low of $83.63.
According to TipRanks.com, Ng is ranked #399 out of 4884 analysts.
Eagle Materials Inc has an analyst consensus of Strong Buy, with a price target consensus of $120.50, which is a 40.4% upside from current levels. In a report issued on September 26, Macquarie also initiated coverage with a Buy rating on the stock with a $105 price target.
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Eagle Materials Inc’s market cap is currently $4.13B and has a P/E ratio of 15.59. The company has a Price to Book ratio of 2.89.
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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.
