Analysts Offer Insights on Materials Companies: LANXESS (OtherLNXSF) and Ecolab (ECL)
Analysts have been eager to weigh in on the Materials sector with new ratings on LANXESS (LNXSF) and Ecolab (ECL).
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LANXESS (LNXSF)
Kepler Capital analyst Martin Roediger maintained a Hold rating on LANXESS on March 18 and set a price target of EUR17.50. The company’s shares closed last Thursday at $14.25.
Roediger has an average return of
According to TipRanks.com, Roediger is ranked #2426 out of 12128 analysts.
Currently, the analyst consensus on LANXESS is a Hold with an average price target of $20.94, a 46.9% upside from current levels. In a report issued on March 5, Jefferies also maintained a Hold rating on the stock with a EUR17.00 price target.
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Ecolab (ECL)
In a report issued on March 18, Ashish Sabadra from RBC Capital maintained a Buy rating on Ecolab, with a price target of $337.00. The company’s shares closed last Thursday at $258.70.
According to TipRanks.com, Sabadra is a 4-star analyst with an average return of
Currently, the analyst consensus on Ecolab is a Moderate Buy with an average price target of $324.59, representing a 25.1% upside. In a report issued on March 13, Berenberg Bank also upgraded the stock to Buy with a $326.00 price target.
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