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Analysts Offer Insights on Materials Companies: Cemex SAB (CX) and Westlake Chemical PRN (WLKP)

Analysts have been eager to weigh in on the Materials sector with new ratings on Cemex SAB (CXResearch Report) and Westlake Chemical PRN (WLKPResearch Report).

Cemex SAB (CX)

Barclays analyst Pierre Rousseau maintained a Hold rating on Cemex SAB yesterday and set a price target of $9.00. The company’s shares closed last Monday at $8.59, close to its 52-week high of $8.81.

According to TipRanks.com, Rousseau is ranked #1550 out of 8761 analysts.

Cemex SAB has an analyst consensus of Strong Buy, with a price target consensus of $9.25.

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

Westlake Chemical PRN (WLKP)

Barclays analyst Michael Leithead maintained a Buy rating on Westlake Chemical PRN today and set a price target of $26.00. The company’s shares closed last Monday at $22.20.

According to TipRanks.com, Leithead is a 4-star analyst with an average return of 5.9% and a 58.8% success rate. Leithead covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

Currently, the analyst consensus on Westlake Chemical PRN is a Moderate Buy with an average price target of $26.00.

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