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Analysts Are Bullish on These Materials Stocks: Dow Inc (DOW), BHP Group Ltd (BHPLF)

Tipranks - Thu Mar 5, 4:06AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Dow Inc (DOWResearch Report) and BHP Group Ltd (BHPLFResearch Report) with bullish sentiments.

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Dow Inc (DOW)

In a report released today, Aleksey Yefremov from KeyBanc upgraded Dow Inc to Buy, with a price target of $38.00. The company’s shares closed last Tuesday at $30.74.

According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 7.5% and a 56.4% success rate. Yefremov covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Westlake Corporation, and DuPont de Nemours. ;'>

Currently, the analyst consensus on Dow Inc is a Hold with an average price target of $28.62.

See today’s best-performing stocks on TipRanks >>

BHP Group Ltd (BHPLF)

Bank of America Securities analyst Jason Fairclough maintained a Buy rating on BHP Group Ltd yesterday and set a price target of A$68.00. The company’s shares closed last Tuesday at $39.50.

Fairclough has an average return of 42.4% when recommending BHP Group Ltd. ;'>

According to TipRanks.com, Fairclough is ranked #655 out of 12144 analysts.

Currently, the analyst consensus on BHP Group Ltd is a Hold with an average price target of $36.40, which is a -10.1% downside from current levels. In a report issued on February 16, TipRanks – Anthropic also initiated coverage with a Buy rating on the stock with a A$57.00 price target.

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