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Analysts Offer Insights on Materials Companies: Westlake Corporation (WLK) and Nutrien (NTR)

Tipranks - Thu Jun 11, 4:44AM CDT

Analysts fell to the sidelines weighing in on Westlake Corporation (WLK) and Nutrien (NTR) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Westlake Corporation (WLK)

In a report released today, Michael Sison from Wells Fargo maintained a Hold rating on Westlake Corporation, with a price target of $110.00. The company’s shares closed last Tuesday at $86.11.

According to TipRanks.com, Sison has 0 stars on 0-5 stars ranking scale with an average return of -2.4% and a 41.2% success rate. Sison covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Currently, the analyst consensus on Westlake Corporation is a Moderate Buy with an average price target of $114.33, which is a 33.5% upside from current levels. In a report issued on May 27, Citi also downgraded the stock to Hold with a $95.00 price target.

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Nutrien (NTR)

Nutrien received a Hold rating and a $65.00 price target from Berenberg Bank analyst Lucy Bi yesterday. The company’s shares closed last Tuesday at $66.35.

Nutrien has an analyst consensus of Moderate Buy, with a price target consensus of $82.76, implying a 22.2% upside from current levels. In a report issued on June 1, TipRanks – PerPlexity also downgraded the stock to Hold with a C$103.00 price target.

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