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Analysts Offer Insights on Materials Companies: Cf Industries Holdings (CF) and Elkem ASA (OtherELKEF)

Tipranks - Sun Mar 15, 12:02AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Cf Industries Holdings (CFResearch Report) and Elkem ASA (ELKEFResearch Report) with bullish sentiments.

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Cf Industries Holdings (CF)

In a report released yesterday, Richard Garchitorena from Wells Fargo maintained a Buy rating on Cf Industries Holdings, with a price target of $150.00. The company’s shares closed last Friday at $129.57.

Garchitorena has an average return of 27.3% when recommending Cf Industries Holdings. ;'>

According to TipRanks.com, Garchitorena is ranked #2993 out of 12126 analysts.

Cf Industries Holdings has an analyst consensus of Hold, with a price target consensus of $96.91, representing a -26.6% downside. In a report issued on March 3, Barclays also maintained a Buy rating on the stock with a $120.00 price target.

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Elkem ASA (ELKEF)

Kepler Capital analyst Martin Granviken maintained a Buy rating on Elkem ASA on March 12 and set a price target of NOK33.00. The company’s shares closed last Tuesday at $3.10.

Granviken has an average return of 4.7% when recommending Elkem ASA. ;'>

According to TipRanks.com, Granviken is ranked #8057 out of 12126 analysts.

Elkem ASA has an analyst consensus of Moderate Buy, with a price target consensus of $3.04.

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