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Analysts Offer Insights on Materials Companies: Air Products and Chemicals (APD) and Olin (OLN)

Tipranks - Sat Jan 31, 6:56AM CST

Analysts have been eager to weigh in on the Materials sector with new ratings on Air Products and Chemicals (APDResearch Report) and Olin (OLNResearch Report).

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Air Products and Chemicals (APD)

Mizuho Securities analyst John Roberts CFA maintained a Buy rating on Air Products and Chemicals today and set a price target of $290.00. The company’s shares closed last Thursday at $256.02.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 5.2% and a 58.2% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Westlake Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Air Products and Chemicals with a $284.80 average price target, an 11.1% upside from current levels. In a report issued on January 21, RBC Capital also maintained a Buy rating on the stock with a $325.00 price target.

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Olin (OLN)

In a report released today, Pete Osterland from Truist Financial maintained a Hold rating on Olin. The company’s shares closed last Thursday at $22.34.

According to TipRanks.com, Osterland is a 4-star analyst with an average return of 10.4% and a 70.0% success rate. Osterland covers the Basic Materials sector, focusing on stocks such as Minerals Technologies, Westlake Corporation, and Element Solutions. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Olin with a $24.13 average price target, representing a 5.1% upside. In a report issued on January 16, RBC Capital also maintained a Hold rating on the stock with a $24.00 price target.

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