Analysts Offer Insights on Materials Companies: Commercial Metals Company (CMC) and Ecolab (ECL)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Commercial Metals Company (CMC) and Ecolab (ECL).
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Commercial Metals Company (CMC)
KeyBanc analyst Samuel McKinney maintained a Hold rating on Commercial Metals Company today. The company’s shares closed last Friday at $58.28.
Currently, the analyst consensus on Commercial Metals Company is a Strong Buy with an average price target of $81.29, representing a 38.8% upside. In a report issued on March 26, TipRanks – xAI also downgraded the stock to Hold with a $66.00 price target.
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Ecolab (ECL)
Berenberg Bank analyst Andres Castanos-Mollor maintained a Buy rating on Ecolab on March 27 and set a price target of $321.00. The company’s shares closed last Friday at $261.37.
According to TipRanks.com, Castanos-Mollor is a 1-star analyst with an average return of
Ecolab has an analyst consensus of Strong Buy, with a price target consensus of $323.76, implying a 22.9% upside from current levels. In a report issued on March 24, J.P. Morgan also upgraded the stock to Buy with a $295.00 price target.
Read More on CMC:
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- Commercial Metals price target lowered to $83 from $85 at JPMorgan
- Commercial Metals price target lowered to $77 from $80 at Wells Fargo
- Commercial Metals Company: Strong Q2 Beat, Improving Outlook, and Capital Returns Support Buy Rating
- Commercial Metals Rides Precast Momentum in Earnings Call
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