Analysts Offer Insights on Materials Companies: Commercial Metals Company (NYSE: CMC) and MPLX LP (NYSE: MPLX)

By Carrie Williams

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Commercial Metals Company (NYSE: CMC) and MPLX LP (NYSE: MPLX).

Commercial Metals Company (NYSE: CMC)

In a report released today, Aldo Mazzaferro from Macquarie downgraded Commercial Metals Company (NYSE: CMC) to Hold. The company’s shares closed last Friday at $15.48.

According to TipRanks.com, Mazzaferro is ranked #3850 out of 4178 analysts.

Commercial Metals Company has an analyst consensus of Hold.

MPLX LP (NYSE: MPLX)

MPLX LP (NYSE: MPLX) received a Buy rating from Jefferies analyst Corey Goldman today. The company’s shares closed last Friday at $33.51.

According to TipRanks.com, Goldman is a 3-star analyst with an average return of 3.4% and a 72.7% success rate. Goldman covers the Basic Materials sector, focusing on stocks such as Valero Energy Partners, Phillips 66 Partners, and Valero Energy Corp.

MPLX LP has an analyst consensus of Moderate Buy.