Analysts Are Neutral on These Materials Stocks

By Ryan Adsit

Analysts fell to the sidelines weighing in on Gibson Energy Inc. (NASDAQ: GBNXF), Turquoise Hill (NYSE: TRQ) and Eclipse Resources (NYSE: ECR) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Gibson Energy Inc. (NASDAQ: GBNXF)

J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on Gibson Energy Inc. (NASDAQ: GBNXF) on November 3. The company’s shares closed last Wednesday at $12.37.

According to TipRanks.com, Tonet is a 4-star analyst with an average return of 3.3% and a 50.0% success rate. Tonet covers the Basic Materials sector, focusing on stocks such as Calumet Specialty Products, Dcp Midstream Partners Lp, and Antero Midstream Partners.

Gibson Energy Inc. has an analyst consensus of Hold.

Turquoise Hill (NYSE: TRQ)

In a report issued on November 3, Ralph M. Profiti from Credit Suisse reiterated a Hold rating on Turquoise Hill (NYSE: TRQ). The company’s shares closed yesterday at $3.01.

According to TipRanks.com, Profiti is a 1-star analyst with an average return of -6.4% and a 33.3% success rate. Profiti covers the Basic Materials sector, focusing on stocks such as Hudbay Minerals Inc, Pan American Silver, and Plains All American.

Turquoise Hill has an analyst consensus of Hold.

Eclipse Resources (NYSE: ECR)

J.P. Morgan analyst Gabriel Daoud maintained a Hold rating on Eclipse Resources (NYSE: ECR) on November 3. The company’s shares closed yesterday at $2.51.

According to TipRanks.com, Daoud is a 5-star analyst with an average return of 30.0% and a 73.3% success rate. Daoud covers the Basic Materials sector, focusing on stocks such as Bill Barrett Corp, Matador Resources, and Synergy Resources.

Eclipse Resources has an analyst consensus of Moderate Buy, with a price target consensus of $3.