Stifel Nicolaus Thinks Eagle Materials Inc’s Stock is Going to Recover


Stifel Nicolaus analyst Stanley Elliott reiterated a Buy rating on Eagle Materials Inc (NYSE: EXP) today and set a price target of $112. The company’s shares opened today at $73.84, close to its 52-week low of $64.95.

According to TipRanks.com, Elliott is a 4-star analyst with an average return of 10.1% and a 62.0% success rate. Elliott covers the Industrial Goods sector, focusing on stocks such as Manitowoc Company, Astec Industries, and Generac Holdings.

Eagle Materials Inc has an analyst consensus of Strong Buy, with a price target consensus of $108.60, a 47.1% upside from current levels. In a report issued on October 25, Stephens also maintained a Buy rating on the stock with a $90 price target.

.

See today’s analyst top recommended stocks >>

Eagle Materials Inc’s market cap is currently $3.48B and has a P/E ratio of 13.14. The company has a Price to Book ratio of 2.43.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts