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Analysts’ Top Materials Picks: FMC (FMC), Air Products and Chemicals (APD)

Tipranks - Sat May 2, 7:56AM CDT

There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on FMC (FMC), Air Products and Chemicals (APD) and Martin Marietta Materials (MLM) with bullish sentiments.

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FMC (FMC)

Mizuho Securities analyst Edlain Rodriguez maintained a Buy rating on FMC yesterday and set a price target of $20.00. The company’s shares closed last Thursday at $15.38.

According to TipRanks.com, Rodriguez is a 4-star analyst with an average return of 8.3% and a 61.1% success rate. Rodriguez covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Sherwin-Williams Company, and Cf Industries Holdings. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for FMC with a $16.79 average price target, implying a 4.0% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $21.00 price target.

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Air Products and Chemicals (APD)

J.P. Morgan analyst Jeffrey Zekauskas maintained a Buy rating on Air Products and Chemicals today and set a price target of $330.00. The company’s shares closed last Thursday at $300.05.

According to TipRanks.com, Zekauskas is a 4-star analyst with an average return of 4.2% and a 55.3% success rate. Zekauskas covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Compass Minerals International, and Scotts Miracle-Gro Company. ;'>

Air Products and Chemicals has an analyst consensus of Moderate Buy, with a price target consensus of $326.87, implying a 9.3% upside from current levels. In a report issued on April 17, Berenberg Bank also upgraded the stock to Buy with a $350.00 price target.

Martin Marietta Materials (MLM)

In a report released today, Trey Grooms from Stephens reiterated a Buy rating on Martin Marietta Materials, with a price target of $700.00. The company’s shares closed last Thursday at $619.07, close to its 52-week high of $633.23.

Grooms has an average return of 15.6% when recommending Martin Marietta Materials. ;'>

According to TipRanks.com, Grooms is ranked #1084 out of 12214 analysts.

Martin Marietta Materials has an analyst consensus of Moderate Buy, with a price target consensus of $698.62, implying a 14.8% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $674.00 price target.

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