This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Materials Companies: Ashland (ASH) and Eastman Chemical (EMN)

Tipranks - Thu Jun 11, 5:32AM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Ashland (ASH) and Eastman Chemical (EMN).

Introducing TipRanks MCP for Agents

Ashland (ASH)

In a report released yesterday, Joshua Spector from UBS maintained a Buy rating on Ashland, with a price target of $72.00. The company’s shares closed last Tuesday at $62.50, close to its 52-week low of $54.86.

According to TipRanks.com, Spector is a 4-star analyst with an average return of 4.3% and a 53.6% success rate. Spector covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Ashland has an analyst consensus of Strong Buy, with a price target consensus of $63.22.

See the top stocks recommended by analysts >>

Eastman Chemical (EMN)

Wells Fargo analyst Michael Sison maintained a Hold rating on Eastman Chemical today and set a price target of $80.00. The company’s shares closed last Tuesday at $72.93.

According to TipRanks.com, Sison ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -2.4% and a 41.2% success rate. Sison covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Currently, the analyst consensus on Eastman Chemical is a Moderate Buy with an average price target of $83.00.

Read More on ASH:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.