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Analysts Have Conflicting Sentiments on These Materials Companies: Air Products and Chemicals (APD) and Cemex SAB (CX)

Tipranks - Tipranks - Thu Apr 16, 6:31AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Air Products and Chemicals (APD) and Cemex SAB (CX).

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Air Products and Chemicals (APD)

Citi analyst Patrick Cunningham assigned a Hold rating to Air Products and Chemicals today and set a price target of $315.00. The company’s shares closed last Tuesday at $296.63.

According to TipRanks.com, Cunningham is a 4-star analyst with an average return of 6.5% and a 57.4% success rate. Cunningham covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Air Products and Chemicals with a $314.57 average price target, which is a 5.7% upside from current levels. In a report issued on April 9, UBS also maintained a Hold rating on the stock with a $307.00 price target.

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Cemex SAB (CX)

In a report released today, Carlos Peyrelongue from Bank of America Securities maintained a Buy rating on Cemex SAB, with a price target of $14.75. The company’s shares closed last Tuesday at $11.82.

Peyrelongue has an average return of 1.6% when recommending Cemex SAB. ;'>

According to TipRanks.com, Peyrelongue is ranked #4907 out of 12179 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cemex SAB with a $13.71 average price target, a 15.0% upside from current levels. In a report issued on April 10, Scotiabank also maintained a Buy rating on the stock with a $14.10 price target.

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