logo
Analysts Offer Insights on Materials Companies: Dow Inc (DOW) and Anglo American (OtherAAUKF)

Analysts Offer Insights on Materials Companies: Dow Inc (DOW) and Anglo American (OtherAAUKF)

Analysts have been eager to weigh in on the Materials sector with new ratings on Dow Inc (DOW – Research Report) and Anglo American (AAUKF – Research Report).
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Dow Inc (DOW)
In a report released today, John McNulty from BMO Capital maintained a Sell rating on Dow Inc, with a price target of $20.00. The company's shares closed last Friday at $25.51.
According to TipRanks.com, McNulty is a 3-star analyst with an average return of 2.0% and a 52.6% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.
Dow Inc has an analyst consensus of Hold, with a price target consensus of $28.14.
Anglo American (AAUKF)
In a report released today, Liam Fitzpatrick from Deutsche Bank reiterated a Buy rating on Anglo American, with a price target of p2600.00. The company's shares closed last Friday at $31.68.
Fitzpatrick has an average return of 5.1% when recommending Anglo American.
According to TipRanks.com, Fitzpatrick is ranked #1913 out of 9927 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglo American with a $31.73 average price target, representing a 6.0% upside. In a report issued on July 25, Barclays also maintained a Buy rating on the stock with a £27.20 price target.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Target (TGT) Outperforms Broader Market: What You Need to Know
Target (TGT) Outperforms Broader Market: What You Need to Know

Yahoo

time3 hours ago

  • Yahoo

Target (TGT) Outperforms Broader Market: What You Need to Know

Target (TGT) ended the recent trading session at $105.39, demonstrating a +2.89% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.73%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 1.21%. Coming into today, shares of the retailer had gained 0.41% in the past month. In that same time, the Retail-Wholesale sector lost 1.16%, while the S&P 500 gained 0.47%. Investors will be eagerly watching for the performance of Target in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 20, 2025. The company is predicted to post an EPS of $2.08, indicating a 19.07% decline compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $24.88 billion, indicating a 2.26% decline compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates are projecting earnings of $7.55 per share and revenue of $104.66 billion, which would represent changes of -14.79% and -1.79%, respectively, from the prior year. Investors should also take note of any recent adjustments to analyst estimates for Target. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Target is carrying a Zacks Rank of #3 (Hold). Looking at its valuation, Target is holding a Forward P/E ratio of 13.57. Its industry sports an average Forward P/E of 22.5, so one might conclude that Target is trading at a discount comparatively. It's also important to note that TGT currently trades at a PEG ratio of 2.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Retail - Discount Stores industry had an average PEG ratio of 2.71. The Retail - Discount Stores industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 79, positioning it in the top 32% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Stock futures are little changed as traders weigh Trump's new 100% tariff on chips: Live updates
Stock futures are little changed as traders weigh Trump's new 100% tariff on chips: Live updates

CNBC

time6 hours ago

  • CNBC

Stock futures are little changed as traders weigh Trump's new 100% tariff on chips: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 6, 2025. Jeenah Moon | Reuters Stock futures are little changed Wednesday night after President Donald Trump announced a new steep tariff on imports of semiconductors and chips. Futures tied to the Dow Jones Industrial Average lost 59 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each dipped about 0.1%. Trump announced late Wednesday that there would be a 100% tariff on imported chips, but not for companies that are "building in the United States." News of the levy comes after Apple announced a plan to spend an additional $100 billion on U.S. companies and suppliers over the next four years. That's on top of a $500 billion announcement Apple made in February. "We're going to be putting a very large tariff on chips and semiconductors," Trump said in the Oval Office on Wednesday afternoon. "But the good news for companies like Apple is if you're building in the United States or have committed to build, without question, committed to build in the United States, there will be no charge." Stocks are coming off of a positive session, aided by a 5% jump in Apple on Wednesday. The S&P 500 ended Wednesday about 0.7% higher, while the Nasdaq Composite advanced 1.2%. The 30-stock Dow gained about 81 points, or 0.2%. Traders continued to monitor tariff developments and quarterly financial results, which have mostly beaten analysts' expectations, according to FactSet. Earlier on Wednesday, Trump imposed an additional 25% tariff on India, bringing total U.S. levies on the major trading partner to 50%. The president said the hike is because India continues to buy Russian oil, a sign that he is following through on his threats to punish Russia's trade partners unless a Ukraine peace deal is reached by September. Week to date, the S&P 500 has gained 1.7% and the Nasdaq has added 2.5%. The 30-stock Dow has advanced 1.4%. Prior to Wednesday's modest gains, the S&P 500 had notched five losing sessions over the past six trading days, and the Dow had had six negative days in the past seven. Kristian Kerr, head of macro strategy at LPL Financial, noted that market volatility has dramatically declined since early April during the height of tariff tensions. "Volatility across major asset classes is currently sitting at unusually low levels," Kerr said in a note. "Equities have also followed suit, with one-month realized volatility in some of the indexes falling to levels not seen since June of last year." On Thursday, traders will watch for weekly jobless claims data, as well as releases on unit labor costs and productivity for the second quarter. — CNBC's Kevin Breuninger contributed reporting.

How major US stock indexes fared Wednesday, 8/6/2025

time6 hours ago

How major US stock indexes fared Wednesday, 8/6/2025

Wall Street closed higher, led by a rally for Apple. The S&P 500 climbed 0.7% Wednesday. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1.2%. Apple alone accounted for more than a third of the S&P 500's gain ahead of an announcement at the White House where it's expected to increase its U.S. investments by an additional $100 billion over the next four years. Trading elsewhere on Wall Street was mixed following a jumble of profit reports. McDonald's and Shopify rose following their latest updates. The Walt Disney Co. fell after its earnings beat forecasts but its revenue fell short. On Wednesday: The S&P 500 rose 45.87 points, or 0.7%, to 6,345.06. The Dow Jones Industrial Average rose 81.38 points, or 0.2%, to 44,193.12. The Nasdaq composite rose 252.87 points, or 1.2%, to 21,169.42. The Russell 2000 index of smaller companies fell 4.38 points, or 0.2%, to 2,221.29. For the week: The S&P 500 is up 107.05 points, or 1.7%. The Dow is up 604.54 points, or 1.4%. The Nasdaq is up 519.29 points, or 2.5%. The Russell 2000 is up 54.51 points, or 2.5%. For the year: The S&P 500 is up 463.43 points, or 7.9%. The Dow is up 1,648.90 points, or 3.9%. The Nasdaq is up 1,858.63 points, or 9.6%. The Russell 2000 is down 8.87 points, or 0.4%.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store