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Analysts Offer Insights on Materials Companies: Dow Inc (DOW) and IGO (OtherIPGDF)

Tipranks - Tue Apr 28, 8:12AM CDT

Analysts fell to the sidelines weighing in on Dow Inc (DOW) and IGO (IPGDF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Dow Inc (DOW)

In a report released today, Duffy Fischer from Goldman Sachs maintained a Hold rating on Dow Inc, with a price target of $29.00. The company’s shares closed last Friday at $38.66.

According to TipRanks.com, Fischer is a 4-star analyst with an average return of 12.1% and a 58.9% success rate. Fischer covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and Cf Industries Holdings. ;'>

Dow Inc has an analyst consensus of Moderate Buy, with a price target consensus of $40.94, which is a 5.1% upside from current levels. In a report issued on April 21, Morgan Stanley also maintained a Hold rating on the stock with a $41.00 price target.

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IGO (IPGDF)

Jefferies analyst Mitch Ryan maintained a Hold rating on IGO today and set a price target of A$7.00. The company’s shares closed last Friday at $6.74.

According to TipRanks.com, Ryan is a 4-star analyst with an average return of 8.5% and a 59.7% success rate. Ryan covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Fortescue Metals Group Ltd, and Sandfire Resources Limited. ;'>

IGO has an analyst consensus of Moderate Buy, with a price target consensus of $6.00, representing a -10.9% downside. In a report issued on April 25, TipRanks – PerPlexity also upgraded the stock to Hold with a A$7.00 price target.

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