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 Are Bullish on Top Materials Stocks: Cf Industries Holdings (CF), RPM International (RPM)

Tipranks - Fri May 29, 4:44AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Cf Industries Holdings (CF) and RPM International (RPM) with bullish sentiments.

Memorial Day Sale – Claim 70% Off TipRanks

Cf Industries Holdings (CF)

Barclays analyst Richard Garchitorena reiterated a Buy rating on Cf Industries Holdings yesterday and set a price target of $150.00. The company’s shares closed last Wednesday at $116.34.

According to TipRanks.com, Garchitorena is a 4-star analyst with an average return of 10.3% and a 61.6% success rate. Garchitorena covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Cleveland-Cliffs, and Freeport-McMoRan. ;'>

Currently, the analyst consensus on Cf Industries Holdings is a Hold with an average price target of $132.30, implying a 12.5% upside from current levels. In a report issued on May 18, Freedom Capital Markets also upgraded the stock to Buy with a $147.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

RPM International (RPM)

Wells Fargo analyst Michael Sison reiterated a Buy rating on RPM International on May 26 and set a price target of $135.00. The company’s shares closed last Wednesday at $105.29, close to its 52-week low of $103.69.

According to TipRanks.com, Sison is a 1-star analyst with an average return of -1.0% and a 42.5% success rate. Sison covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Currently, the analyst consensus on RPM International is a Strong Buy with an average price target of $129.33, which is a 23.2% upside from current levels. In a report released yesterday, UBS also upgraded the stock to Buy with a $130.00 price target.

Read More on CF:

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.