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Analysts Have Conflicting Sentiments on These Materials Companies: Mosaic Co (MOS) and Ecolab (ECL)

Tipranks - Sat Mar 21, 8:54AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Mosaic Co (MOS) and Ecolab (ECL).

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Mosaic Co (MOS)

In a report released today, Matthew DeYoe from Bank of America Securities downgraded Mosaic Co to Hold. The company’s shares closed last Friday at $24.66.

According to TipRanks.com, DeYoe is a 4-star analyst with an average return of 8.4% and a 65.8% success rate. DeYoe covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Mosaic Co with a $30.27 average price target, representing a 17.2% upside. In a report issued on March 17, CIBC also maintained a Hold rating on the stock with a $32.00 price target.

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Ecolab (ECL)

In a report released today, John Roberts CFA from Mizuho Securities maintained a Buy rating on Ecolab, with a price target of $335.00. The company’s shares closed last Friday at $258.98.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 6.4% and a 57.2% success rate. CFA covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ecolab with a $324.59 average price target, representing a 26.3% 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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