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Analysts Are Bullish on Top Materials Stocks: Kaiser Aluminum (KALU), Cemex SAB (CX)

Tipranks - Sat Apr 25, 3:54AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Kaiser Aluminum (KALU) and Cemex SAB (CX) with bullish sentiments.

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Kaiser Aluminum (KALU)

KeyBanc analyst Samuel McKinney maintained a Buy rating on Kaiser Aluminum today and set a price target of $183.00. The company’s shares closed last Thursday at $164.84.

According to TipRanks.com, McKinney is a 3-star analyst with an average return of 11.8% and a 70.0% success rate. McKinney covers the Basic Materials sector, focusing on stocks such as Worthington Steel, Inc., Cleveland-Cliffs, and Reliance Steel. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kaiser Aluminum with a $148.00 average price target, implying a -12.2% downside from current levels. In a report issued on April 11, TipRanks – DeepSeek also upgraded the stock to Buy with a $161.00 price target.

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Cemex SAB (CX)

Barclays analyst Benjamin Theurer maintained a Buy rating on Cemex SAB today and set a price target of $15.00. The company’s shares closed last Thursday at $12.51.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.8% and a 54.4% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

Currently, the analyst consensus on Cemex SAB is a Strong Buy with an average price target of $13.93, a 18.3% upside from current levels. In a report issued on April 10, Scotiabank also maintained a Buy rating on the stock with a $14.10 price target.

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