Analysts Are Bullish on Top Materials Stocks: Scotts Miracle-Gro Company (SMG), Steel Dynamics (STLD)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Scotts Miracle-Gro Company (SMG – Research Report) and Steel Dynamics (STLD – Research Report) with bullish sentiments.
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Scotts Miracle-Gro Company (SMG)
In a report released today, Christopher Carey from Wells Fargo maintained a Buy rating on Scotts Miracle-Gro Company, with a price target of $75.00. The company’s shares closed last Tuesday at $62.25.
According to TipRanks.com, Carey is a 3-star analyst with an average return of
Scotts Miracle-Gro Company has an analyst consensus of Strong Buy, with a price target consensus of $75.75, representing a 20.4% upside. In a report issued on March 3, Stifel Nicolaus also maintained a Buy rating on the stock with a $79.00 price target.
See the top stocks recommended by analysts >>
Steel Dynamics (STLD)
Wells Fargo analyst Timna Tanners maintained a Buy rating on Steel Dynamics today and set a price target of $196.00. The company’s shares closed last Tuesday at $172.63.
According to TipRanks.com, Tanners is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Steel Dynamics with a $193.33 average price target, representing a 10.9% upside. In a report issued on March 15, TipRanks – xAI also reiterated a Buy rating on the stock with a $194.00 price target.
