Analysts have been eager to weigh in on the Materials sector with new ratings on Linde (LIN), Aperam SA (APEMY) and Ebro Foods (EBRPY).
Linde (LIN)
In a report issued on March 29, Christian Faitz from Kepler Capital maintained a Buy rating on Linde, with a price target of EUR270.00. The company’s shares closed last Tuesday at $279.26, close to its 52-week high of $283.25.
According to TipRanks.com, Faitz is a 4-star analyst with an average return of 8.2% and a 55.1% success rate. Faitz covers the Basic Materials sector, focusing on stocks such as Wacker Chemie AG, Clariant AG, and LANXESS.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Linde with a $294.87 average price target, which is a 5.2% upside from current levels. In a report issued on March 29, Jefferies also assigned a Buy rating to the stock with a $320.00 price target.
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Aperam SA (APEMY)
Kepler Capital analyst Rochus Brauneiser downgraded Aperam SA to Hold on March 29 and set a price target of EUR39.00. The company’s shares closed last Tuesday at $44.50, close to its 52-week high of $45.34.
Brauneiser has an average return of 22.7% when recommending Aperam SA.
According to TipRanks.com, Brauneiser is ranked #7348 out of 7406 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Aperam SA with a $45.33 average price target.
Ebro Foods (EBRPY)
In a report issued on March 29, Pablo de Renteria from Kepler Capital maintained a Buy rating on Ebro Foods, with a price target of EUR20.60. The company’s shares closed last Friday at $21.17.
According to TipRanks.com, Renteria is ranked #7290 out of 7406 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ebro Foods with a $24.25 average price target.
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