Analysts’ Opinions Are Mixed on These Materials Stocks: Gulfmark Offshore (NYSE: GLF), Sandstorm Gold (NYSE MKT: SAND) and Pacific Drilling S.A. (NYSE: PACD)

By Carrie Williams

Analysts have been eager to weigh in on the Materials sector with new ratings on Gulfmark Offshore (NYSE: GLF), Sandstorm Gold (NYSE MKT: SAND) and Pacific Drilling S.A. (NYSE: PACD).

Gulfmark Offshore (NYSE: GLF)

Credit Suisse analyst Gregory Lewis reiterated a Hold rating on Gulfmark Offshore (NYSE: GLF) today and set a price target of $1. The company’s shares opened today at $1.10, close to its 52-week low of $1.05.

According to TipRanks.com, Lewis is ranked 0 out of 5 stars with an average return of -6.3% and a 39.3% success rate. Lewis covers the Services sector, focusing on stocks such as Navios Maritime Midstream, Nordic American Offshore, and Dynagas LNG Partners.

Gulfmark Offshore has an analyst consensus of Hold.

Sandstorm Gold (NYSE MKT: SAND)

BMO Capital analyst Andrew Kaip reiterated a Hold rating on Sandstorm Gold (NYSE MKT: SAND) yesterday and set a price target of $5.50. The company’s shares opened today at $4.60.

According to TipRanks.com, Kaip is a 1-star analyst with an average return of -2.3% and a 40.0% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp., First Majestic Silver, and Rubicon Minerals Corp.

Sandstorm Gold has an analyst consensus of Hold.

Pacific Drilling S.A. (NYSE: PACD)

Barclays analyst David Anderson reiterated a Sell rating on Pacific Drilling S.A. (NYSE: PACD) today and set a price target of $3. The company’s shares opened today at $3.25, close to its 52-week low of $2.80.

Anderson said:

“We update our estimates for PACD but maintain our rig- by-rig DCF-based PT of $3.”

According to TipRanks.com, Anderson is a 2-star analyst with an average return of -0.2% and a 45.5% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Diamond Offshore Drilling, Mammoth Energy Services, and C&J Energy Services.

Pacific Drilling S.A. has an analyst consensus of Moderate Sell.