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Analysts Offer Insights on Materials Companies: Eastman Chemical (EMN) and BHP Group Ltd (OtherBHPLF)

Tipranks - Tue Apr 21, 5:30AM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Eastman Chemical (EMN) and BHP Group Ltd (BHPLF).

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Eastman Chemical (EMN)

Morgan Stanley analyst Vincent Andrews maintained a Buy rating on Eastman Chemical yesterday and set a price target of $73.00. The company’s shares closed last Friday at $73.78.

According to TipRanks.com, Andrews is a 3-star analyst with an average return of 2.5% and a 61.3% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Cf Industries Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eastman Chemical with a $79.60 average price target, implying a 9.9% upside from current levels. In a report issued on April 14, J.P. Morgan also upgraded the stock to Buy with a $80.00 price target.

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BHP Group Ltd (BHPLF)

According to TipRanks.com, Fletcher is ranked #1683 out of 12208 analysts.

Currently, the analyst consensus on BHP Group Ltd is a Hold with an average price target of $36.30, a -10.1% downside from current levels. In a report issued on April 13, Morgans also maintained a Hold rating on the stock with a A$53.80 price target.

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