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Analysts Offer Insights on Materials Companies: Dow Inc (DOW) and Clearwater Paper (CLW)

Tipranks - Thu Apr 30, 6:36AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Dow Inc (DOW) and Clearwater Paper (CLW) with bullish sentiments.

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Dow Inc (DOW)

Alembic Global analyst Hassan Ahmed maintained a Buy rating on Dow Inc today and set a price target of $50.00. The company’s shares closed last Tuesday at $38.01, close to its 52-week low of $34.13.

According to TipRanks.com, Ahmed is a 4-star analyst with an average return of 6.9% and a 48.3% success rate. Ahmed covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Westlake Corporation, and Chemours Company. ;'>

Currently, the analyst consensus on Dow Inc is a Moderate Buy with an average price target of $40.94, implying a 5.2% upside from current levels. In a report issued on April 15, Wells Fargo also maintained a Buy rating on the stock with a $48.00 price target.

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Clearwater Paper (CLW)

RBC Capital analyst Matt McKellar maintained a Buy rating on Clearwater Paper yesterday and set a price target of $19.00. The company’s shares closed last Tuesday at $14.85.

According to TipRanks.com, McKellar is a 3-star analyst with an average return of 2.9% and a 40.3% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as Rayonier Advanced Materials, James Hardie Industries PLC, and West Fraser Timber Co. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Clearwater Paper with a $17.00 average price target.

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