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Analysts’ Opinions Are Mixed on These Materials Stocks: Nucor (NUE), Element Solutions (ESI) and Sherwin-Williams Company (SHW)

Tipranks - Thu Apr 30, 6:52AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Nucor (NUE), Element Solutions (ESI) and Sherwin-Williams Company (SHW).

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Nucor (NUE)

In a report released today, Timna Tanners from Wells Fargo maintained a Buy rating on Nucor, with a price target of $244.00. The company’s shares closed last Tuesday at $225.11.

According to TipRanks.com, Tanners is a 4-star analyst with an average return of 4.4% and a 55.3% success rate. Tanners covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Knife River Corporation, and Cleveland-Cliffs. ;'>

Nucor has an analyst consensus of Strong Buy, with a price target consensus of $233.57, representing a 6.1% upside. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $236.00 price target.

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Element Solutions (ESI)

BMO Capital analyst Bhavesh Lodaya maintained a Hold rating on Element Solutions today and set a price target of $72.00. The company’s shares closed last Tuesday at $38.78.

Lodaya has an average return of 24.6% when recommending Element Solutions. ;'>

According to TipRanks.com, Lodaya is ranked #1430 out of 12215 analysts.

Currently, the analyst consensus on Element Solutions is a Strong Buy with an average price target of $43.33, which is an 9.0% upside from current levels. In a report issued on April 15, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $41.00 price target.

Sherwin-Williams Company (SHW)

In a report released today, Arun Viswanathan from RBC Capital maintained a Buy rating on Sherwin-Williams Company, with a price target of $391.00. The company’s shares closed last Tuesday at $324.27.

According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of 3.7% and a 53.0% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and Westlake Corporation. ;'>

Sherwin-Williams Company has an analyst consensus of Moderate Buy, with a price target consensus of $383.10, which is a 12.0% upside from current levels. In a report issued on April 25, TipRanks – Google also upgraded the stock to Buy with a $373.00 price target.

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