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Analysts’ Top Materials Picks: Air Products and Chemicals (APD), Element Solutions (ESI)

Tipranks - Thu Feb 19, 6:29AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Air Products and Chemicals (APDResearch Report) and Element Solutions (ESIResearch Report) with bullish sentiments.

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Air Products and Chemicals (APD)

Bernstein analyst James Hooper reiterated a Buy rating on Air Products and Chemicals today and set a price target of $329.00. The company’s shares closed last Tuesday at $277.69.

According to TipRanks.com, Hooper is a 3-star analyst with an average return of 6.3% and a 65.6% success rate. Hooper covers the Basic Materials sector, focusing on stocks such as PPG Industries, Clariant AG, and Linde. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Air Products and Chemicals with a $292.07 average price target.

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Element Solutions (ESI)

Mizuho Securities analyst John Roberts CFA maintained a Buy rating on Element Solutions today and set a price target of $35.00. The company’s shares closed last Tuesday at $32.31.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 8.0% and a 62.4% success rate. CFA covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Element Solutions with a $34.40 average price target, implying a 7.3% upside from current levels. In a report released yesterday, BMO Capital also reiterated a Buy rating on the stock with a $37.00 price target.

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