Analysts Conflicted on These Materials Names: Steel Dynamics (STLD) and PPG Industries (PPG)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Steel Dynamics (STLD) and PPG Industries (PPG).
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Steel Dynamics (STLD)
In a report released today, Bill Peterson from J.P. Morgan maintained a Hold rating on Steel Dynamics, with a price target of $210.00. The company’s shares closed last Tuesday at $220.21.
According to TipRanks.com, Peterson is a 4-star analyst with an average return of
Currently, the analyst consensus on Steel Dynamics is a Strong Buy with an average price target of $227.75, implying a 7.4% upside from current levels. In a report issued on April 10, TipRanks – xAI also downgraded the stock to Hold with a $199.00 price target.
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PPG Industries (PPG)
Goldman Sachs analyst Duffy Fischer maintained a Buy rating on PPG Industries today and set a price target of $134.00. The company’s shares closed last Tuesday at $110.92, close to its 52-week low of $105.64.
According to TipRanks.com, Fischer is a 4-star analyst with an average return of
Currently, the analyst consensus on PPG Industries is a Moderate Buy with an average price target of $122.64, representing a 7.2% upside. In a report issued on April 8, TipRanks – PerPlexity also upgraded the stock to Buy with a $114.00 price target.
Read More on STLD:
Disclaimer & DisclosureReport an Issue
- Steel Dynamics price target raised to $240 from $195 at BMO Capital
- Steel Dynamics price target raised to $255 from $180 at Citi
- Steel Dynamics price target raised to $235 from $207 at Wells Fargo
- Steel Dynamics price target raised to $241 from $190 at KeyBanc
- Steel Dynamics Earnings Call: Record Steel, Aluminum Drag
