This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Materials Companies: CRH plc (CRH), Hudson Tech (HDSN) and Ashland (ASH)

Tipranks - Tue Jun 16, 8:36AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on CRH plc (CRH), Hudson Tech (HDSN) and Ashland (ASH).

Claim 55% Off TipRanks

CRH plc (CRH)

Truist Financial analyst Keith Hughes maintained a Buy rating on CRH plc today. The company’s shares closed last Monday at $110.17.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 17.9% and a 61.7% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Construction Partners. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CRH plc with a $141.82 average price target, a 33.2% upside from current levels. In a report issued on June 2, J.P. Morgan also maintained a Buy rating on the stock with a $140.00 price target.

See the top stocks recommended by analysts >>

Hudson Tech (HDSN)

Craig-Hallum analyst Ryan Sigdahl maintained a Hold rating on Hudson Tech today. The company’s shares closed last Monday at $5.84, close to its 52-week low of $5.17.

According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of 3.1% and a 42.7% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Sportsman’s Warehouse, and Super Group (SGHC). ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hudson Tech with a $8.83 average price target, implying a 52.8% upside from current levels. In a report issued on June 11, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $5.50 price target.

Ashland (ASH)

Deutsche Bank analyst David Begleiter maintained a Buy rating on Ashland today and set a price target of $74.00. The company’s shares closed last Monday at $66.18.

According to TipRanks.com, Begleiter is a 3-star analyst with an average return of 1.4% and a 52.0% success rate. Begleiter covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Air Products and Chemicals, and Westlake Corporation. ;'>

Currently, the analyst consensus on Ashland is a Strong Buy with an average price target of $64.89, which is a -0.1% downside from current levels. In a report issued on June 10, BMO Capital also maintained a Buy rating on the stock with a $68.00 price target.

Read More on CRH:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.