There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Aspen Aerogels (ASPN), Gevo (GEVO) and Marrone Bio (MBII) with bullish sentiments.
Aspen Aerogels (ASPN)
In a report released yesterday, Jonathan Dorsheimer from Canaccord Genuity maintained a Buy rating on Aspen Aerogels, with a price target of $32.00. The company’s shares closed last Thursday at $24.31, close to its 52-week high of $26.98.
According to TipRanks.com, Dorsheimer is a 5-star analyst with an average return of 45.2% and a 55.9% success rate. Dorsheimer covers the Technology sector, focusing on stocks such as Stmicroelectronics, Fuelcell Energy, and Plug Power.
Currently, the analyst consensus on Aspen Aerogels is a Strong Buy with an average price target of $26.33.
See today’s analyst top recommended stocks >>
Gevo (GEVO)
H.C. Wainwright analyst Amit Dayal reiterated a Buy rating on Gevo today and set a price target of $18.00. The company’s shares closed last Thursday at $10.66.
According to TipRanks.com, Dayal is a top 100 analyst with an average return of 78.5% and a 58.5% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Westport Fuel Systems, Orion Energy Systems, and Broadwind Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gevo with a $17.00 average price target.
Marrone Bio (MBII)
Canaccord Genuity analyst Robert Burleson maintained a Buy rating on Marrone Bio yesterday and set a price target of $3.50. The company’s shares closed last Thursday at $2.60, close to its 52-week high of $2.90.
Burleson has an average return of 115.0% when recommending Marrone Bio.
According to TipRanks.com, Burleson is ranked #119 out of 7329 analysts.
Marrone Bio has an analyst consensus of Strong Buy, with a price target consensus of $3.17, a 19.6% upside from current levels. In a report issued on February 11, Aegis Capital also maintained a Buy rating on the stock with a $3.50 price target.
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.
