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Analysts Are Bullish on These Materials Stocks: Cemex SAB (CX), Eagle Materials (EXP)

Tipranks - Tipranks - Thu Jul 9, 6:46AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Cemex SAB (CX) and Eagle Materials (EXP) with bullish sentiments.

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Cemex SAB (CX)

In a report released today, Adrian Huerta from J.P. Morgan maintained a Buy rating on Cemex SAB, with a price target of $15.00. The company’s shares closed last Tuesday at $12.11.

According to TipRanks.com, Huerta is a 4-star analyst with an average return of 13.0% and a 52.1% success rate. Huerta covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Knife River Corporation, and Vulcan Materials. ;'>

Currently, the analyst consensus on Cemex SAB is a Moderate Buy with an average price target of $14.09, a 15.5% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $14.75 price target.

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Eagle Materials (EXP)

In a report released today, Timna Tanners from Wells Fargo maintained a Buy rating on Eagle Materials, with a price target of $240.00. The company’s shares closed last Tuesday at $213.02, close to its 52-week low of $205.44.

According to TipRanks.com, Tanners is a 4-star analyst with an average return of 3.5% and a 54.1% success rate. Tanners covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Knife River Corporation, and Freeport-McMoRan. ;'>

Currently, the analyst consensus on Eagle Materials is a Hold with an average price target of $226.50, which is a 4.5% upside from current levels. In a report issued on June 23, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $250.00 price target.

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