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Analysts Offer Insights on Materials Companies: Olin (OLN), Ashland (ASH) and Pilbara Minerals (OtherPILBF)

Tipranks - Wed Feb 4, 7:30AM CST

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Olin (OLNResearch Report), Ashland (ASHResearch Report) and Pilbara Minerals (PILBFResearch Report).

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Olin (OLN)

BMO Capital analyst Bhavesh Lodaya maintained a Hold rating on Olin yesterday and set a price target of $24.00. The company’s shares closed last Monday at $22.17.

According to TipRanks.com, Lodaya is ranked #3428 out of 12040 analysts.

Olin has an analyst consensus of Hold, with a price target consensus of $22.73, representing a 9.4% upside. In a report issued on January 30, TipRanks – PerPlexity also upgraded the stock to Hold with a $22.00 price target.

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Ashland (ASH)

In a report released yesterday, John McNulty from BMO Capital maintained a Buy rating on Ashland, with a price target of $71.00. The company’s shares closed last Monday at $61.56, close to its 52-week low of $54.86.

According to TipRanks.com, McNulty is a 4-star analyst with an average return of 2.8% and a 53.2% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

Ashland has an analyst consensus of Moderate Buy, with a price target consensus of $64.86, implying a 6.5% upside from current levels. In a report issued on January 30, UBS also maintained a Buy rating on the stock with a $70.00 price target.

Pilbara Minerals (PILBF)

J.P. Morgan analyst Lyndon Fagan maintained a Buy rating on Pilbara Minerals yesterday and set a price target of A$5.60. The company’s shares closed last Monday at $3.20.

According to TipRanks.com, Fagan is ranked #1309 out of 12040 analysts.

Pilbara Minerals has an analyst consensus of Moderate Buy, with a price target consensus of $3.18, a 9.3% upside from current levels. In a report issued on January 18, Morgan Stanley also maintained a Buy rating on the stock with a A$5.25 price target.

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