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Analysts Have Conflicting Sentiments on These Materials Companies: Huntsman (HUN) and Ecolab (ECL)

Tipranks - Sat Oct 17, 5:50AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Huntsman (HUN) and Ecolab (ECL).

Huntsman (HUN)

Wells Fargo analyst Abigail Eberts maintained a Hold rating on Huntsman yesterday and set a price target of $9.00. The company’s shares closed last Thursday at $8.56.

According to TipRanks.com, Eberts is a 2-star analyst with an average return of 3.7% and a 84.6% success rate. Eberts covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Huntsman with a $10.54 average price target, which is a 29.2% upside from current levels. In a report issued on October 12, Barclays also initiated coverage with a Hold rating on the stock with a $10.00 price target.

See today’s best-performing stocks on TipRanks >>

Ecolab (ECL)

In a report released today, Patrick Cunningham from Citi maintained a Buy rating on Ecolab, with a price target of $330.00. The company’s shares closed last Thursday at $290.81.

According to TipRanks.com, Cunningham is a 3-star analyst with an average return of 1.4% and a 50.7% success rate. Cunningham covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ecolab with a $323.08 average price target, representing a 10.6% upside. In a report issued on October 5, UBS also maintained a Buy rating on the stock with a $344.00 price target.

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