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Analysts Have Conflicting Sentiments on These Materials Companies: Scotts Miracle-Gro Company (SMG), FMC (FMC) and Nucor (NUE)

Tipranks - Wed Mar 4, 6:31AM CST

Analysts have been eager to weigh in on the Materials sector with new ratings on Scotts Miracle-Gro Company (SMGResearch Report), FMC (FMCResearch Report) and Nucor (NUEResearch Report).

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Scotts Miracle-Gro Company (SMG)

In a report released today, W. Andrew Carter from Stifel Nicolaus maintained a Buy rating on Scotts Miracle-Gro Company, with a price target of $79.00. The company’s shares closed last Monday at $70.38.

According to TipRanks.com, Carter is a 3-star analyst with an average return of 2.5% and a 45.4% success rate. Carter covers the Industrial Goods sector, focusing on stocks such as SiteOne Landscape Supply, Builders Firstsource, and Hayward Holdings. ;'>

Scotts Miracle-Gro Company has an analyst consensus of Strong Buy, with a price target consensus of $75.75, implying a 9.1% upside from current levels. In a report issued on February 24, Jefferies also reiterated a Buy rating on the stock with a $82.00 price target.

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FMC (FMC)

In a report released today, Jeffrey Zekauskas from J.P. Morgan maintained a Hold rating on FMC, with a price target of $15.00. The company’s shares closed last Monday at $14.40.

According to TipRanks.com, Zekauskas is a 4-star analyst with an average return of 5.3% and a 57.9% success rate. Zekauskas covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Compass Minerals International, and Air Products and Chemicals. ;'>

FMC has an analyst consensus of Hold, with a price target consensus of $16.05, which is an 11.9% upside from current levels. In a report issued on February 16, TipRanks – Google also upgraded the stock to Hold with a $14.00 price target.

Nucor (NUE)

BMO Capital analyst Katja Jancic maintained a Buy rating on Nucor today and set a price target of $196.00. The company’s shares closed last Monday at $180.57.

According to TipRanks.com, Jancic is a 5-star analyst with an average return of 31.9% and a 76.5% success rate. Jancic covers the Basic Materials sector, focusing on stocks such as Steel Dynamics, Reliance Steel, and Constellium. ;'>

Nucor has an analyst consensus of Moderate Buy, with a price target consensus of $161.75, which is a -8.4% downside from current levels. In a report issued on February 22, J.P. Morgan also maintained a Buy rating on the stock with a $200.00 price target.

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