Analysts have been eager to weigh in on the Materials sector with new ratings on Celanese (CE – Research Report) and Barrick Gold (GOLD – Research Report).
Celanese (CE)
In a report released yesterday, John McNulty from BMO Capital maintained a Hold rating on Celanese, with a price target of $158.00. The company’s shares closed last Monday at $160.24.
According to TipRanks.com, McNulty is a 4-star analyst with an average return of
Celanese has an analyst consensus of Hold, with a price target consensus of $167.93, a 5.9% upside from current levels. In a report issued on May 8, Mizuho Securities also maintained a Hold rating on the stock with a $173.00 price target.
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Barrick Gold (GOLD)
BMO Capital analyst Jackie Przybylowski maintained a Buy rating on Barrick Gold yesterday and set a price target of $26.00. The company’s shares closed last Monday at $16.94.
According to TipRanks.com, Przybylowski is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Barrick Gold with a $22.50 average price target, representing a 33.0% upside. In a report issued on May 2, Scotiabank also assigned a Buy rating to the stock with a $23.00 price target.
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