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Analysts Offer Insights on Materials Companies: Reliance Steel (RS) and Cf Industries Holdings (CF)

Tipranks - Tue Jul 28, 6:46AM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Reliance Steel (RS) and Cf Industries Holdings (CF).

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Reliance Steel (RS)

BMO Capital analyst Katja Jancic maintained a Hold rating on Reliance Steel today and set a price target of $415.00. The company’s shares closed last Friday at $407.83.

According to TipRanks.com, Jancic is a 5-star analyst with an average return of 30.8% and a 71.8% success rate. Jancic covers the Basic Materials sector, focusing on stocks such as Algoma Steel Group, Warrior Met Coal, and Freeport-McMoRan. ;'>

Reliance Steel has an analyst consensus of Hold, with a price target consensus of $396.57, which is a -0.7% downside from current levels. In a report issued on July 15, J.P. Morgan also maintained a Hold rating on the stock with a $376.00 price target.

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Cf Industries Holdings (CF)

In a report released today, Benjamin Theurer from Barclays maintained a Buy rating on Cf Industries Holdings, with a price target of $135.00. The company’s shares closed last Friday at $125.07.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.2% and a 53.1% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

Cf Industries Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $124.27, a -1.8% downside from current levels. In a report issued on July 25, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $146.00 price target.

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