Analysts Conflicted on These Materials Names: LyondellBasell (LYB) and Ashland (ASH)
Analysts have been eager to weigh in on the Materials sector with new ratings on LyondellBasell (LYB – Research Report) and Ashland (ASH – Research Report).
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LyondellBasell (LYB)
In a report released yesterday, Vincent Andrews from Morgan Stanley maintained a Buy rating on LyondellBasell, with a price target of $52.00. The company’s shares closed last Monday at $50.25.
According to TipRanks.com, Andrews is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for LyondellBasell with a $49.08 average price target.
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Ashland (ASH)
Morgan Stanley analyst Steven Haynes maintained a Hold rating on Ashland today and set a price target of $60.00. The company’s shares closed last Monday at $61.56, close to its 52-week low of $54.86.
According to TipRanks.com, Haynes is ranked #8199 out of 12040 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ashland with a $64.86 average price target, implying a 6.5% upside from current levels. In a report issued on January 28, TipRanks – OpenAI also upgraded the stock to Hold with a $66.00 price target.
