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’ Opinions Are Mixed on These Materials Stocks: LyondellBasell (LYB), Air Products and Chemicals (APD) and Boise Cascade (BCC)

Tipranks - Wed May 6, 7:24AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on LyondellBasell (LYB), Air Products and Chemicals (APD) and Boise Cascade (BCC).

Claim 55% Off TipRanks

LyondellBasell (LYB)

In a report released yesterday, Duffy Fischer from Goldman Sachs maintained a Sell rating on LyondellBasell, with a price target of $75.00. The company’s shares closed last Monday at $76.04.

According to TipRanks.com, Fischer is a 4-star analyst with an average return of 11.2% and a 57.6% success rate. Fischer covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and Cf Industries Holdings. ;'>

Currently, the analyst consensus on LyondellBasell is a Hold with an average price target of $77.63, representing a 2.2% upside. In a report released yesterday, Bank of America Securities also reiterated a Sell rating on the stock with a $68.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Air Products and Chemicals (APD)

In a report released today, Vincent Andrews from Morgan Stanley maintained a Hold rating on Air Products and Chemicals, with a price target of $310.00. The company’s shares closed last Monday at $298.35.

According to TipRanks.com, Andrews is a 3-star analyst with an average return of 2.0% and a 58.6% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Cf Industries Holdings, and Westlake Corporation. ;'>

Air Products and Chemicals has an analyst consensus of Moderate Buy, with a price target consensus of $328.25, representing a 9.4% upside. In a report issued on May 1, UBS also maintained a Hold rating on the stock with a $316.00 price target.

Boise Cascade (BCC)

In a report released today, Michael Roxland from Truist Financial maintained a Buy rating on Boise Cascade. The company’s shares closed last Monday at $74.33.

According to TipRanks.com, Roxland is a 3-star analyst with an average return of 1.1% and a 46.6% success rate. Roxland covers the NA sector, focusing on stocks such as Ardagh Metal Packaging, International Paper Co, and Graphic Packaging. ;'>

Currently, the analyst consensus on Boise Cascade is a Moderate Buy with an average price target of $91.25, which is a 17.6% upside from current levels. In a report issued on April 24, D.A. Davidson also maintained a Buy rating on the stock with a $95.00 price target.

Read More on LYB:

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.