There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Crown Holdings (CCK) and LifeMD (LFMD) with bullish sentiments.
Crown Holdings (CCK)
In a report released yesterday, Ghansham Panjabi from Robert W. Baird reiterated a Buy rating on Crown Holdings, with a price target of $125.00. The company’s shares closed last Wednesday at $107.81, close to its 52-week high of $111.67.
According to TipRanks.com, Panjabi is a 5-star analyst with an average return of 18.6% and a 78.8% success rate. Panjabi covers the Basic Materials sector, focusing on stocks such as Axalta Coating Systems, RPM International, and Graphic Packaging.
Currently, the analyst consensus on Crown Holdings is a Strong Buy with an average price target of $124.58, a 16.2% upside from current levels. In a report issued on April 9, BMO Capital also maintained a Buy rating on the stock with a $115.00 price target.
See today’s analyst top recommended stocks >>
LifeMD (LFMD)
BTIG analyst David Larsen maintained a Buy rating on LifeMD yesterday and set a price target of $40.00. The company’s shares closed last Wednesday at $8.65.
According to TipRanks.com, Larsen is ranked #5965 out of 7461 analysts.
LifeMD has an analyst consensus of Moderate Buy, with a price target consensus of $37.50.
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