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Analysts Have Conflicting Sentiments on These Materials Companies: Steel Dynamics (STLD), H.B. Fuller Company (FUL) and Albemarle (ALB)

Tipranks - Thu Apr 23, 3:54AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Steel Dynamics (STLD), H.B. Fuller Company (FUL) and Albemarle (ALB).

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Steel Dynamics (STLD)

In a report released today, Samuel McKinney from KeyBanc assigned a Buy rating to Steel Dynamics, with a price target of $241.00. The company’s shares closed last Tuesday at $220.21.

According to TipRanks.com, McKinney is a 3-star analyst with an average return of 12.6% and a 88.9% success rate. McKinney covers the Basic Materials sector, focusing on stocks such as Worthington Steel, Inc., Cleveland-Cliffs, and Kaiser Aluminum. ;'>

Currently, the analyst consensus on Steel Dynamics is a Strong Buy with an average price target of $212.71, which is a 0.3% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $238.00 price target.

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H.B. Fuller Company (FUL)

Robert W. Baird analyst Ghansham Panjabi maintained a Buy rating on H.B. Fuller Company yesterday. The company’s shares closed last Tuesday at $63.21.

According to TipRanks.com, Panjabi is a 4-star analyst with an average return of 5.3% and a 57.6% success rate. Panjabi covers the NA sector, focusing on stocks such as Graphic Packaging, Silgan Holdings, and Sonoco Products. ;'>

Currently, the analyst consensus on H.B. Fuller Company is a Strong Buy with an average price target of $68.67.

Albemarle (ALB)

In a report released today, Mazahir Mammadli from Rothschild & Co Redburn downgraded Albemarle to Hold, with a price target of $188.00. The company’s shares closed last Tuesday at $198.42.

Mammadli has an average return of 88.8% when recommending Albemarle. ;'>

According to TipRanks.com, Mammadli is ranked #8775 out of 12212 analysts.

Currently, the analyst consensus on Albemarle is a Moderate Buy with an average price target of $197.38, representing a 1.2% upside. In a report issued on April 17, Robert W. Baird also downgraded the stock to Hold with a $210.00 price target.

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