Analysts’ Opinions Are Mixed on These Materials Stocks: NuStar GP Holdings (NYSE: NSH), Helix Energy (NYSE: HLX) and Noble Energy (NYSE: NBL)

By Jason Carr

Analysts have been eager to weigh in on the Materials sector with new ratings on NuStar GP Holdings (NYSE: NSH), Helix Energy (NYSE: HLX) and Noble Energy (NYSE: NBL).

NuStar GP Holdings (NYSE: NSH)

Credit Suisse analyst John Edwards reiterated a Sell rating on NuStar GP Holdings (NYSE: NSH) on November 18 and set a price target of $25. The company’s shares opened today at $25.95, close to its 52-week high of $27.07.

According to TipRanks.com, Edwards is a 3-star analyst with an average return of 0.9% and a 49.3% success rate. Edwards covers the Basic Materials sector, focusing on stocks such as Calumet Specialty Products, Dcp Midstream Partners Lp, and Antero Midstream Partners.

NuStar GP Holdings has an analyst consensus of Moderate Sell.

Helix Energy (NYSE: HLX)

Credit Suisse analyst Gregory Lewis reiterated a Buy rating on Helix Energy (NYSE: HLX) today and set a price target of $14. The company’s shares opened today at $10.48, close to its 52-week high of $10.96.

According to TipRanks.com, Lewis is ranked 0 out of 5 stars with an average return of -4.7% and a 43.3% success rate. Lewis covers the Services sector, focusing on stocks such as Navios Maritime Midstream, Nordic American Offshore, and Dynagas LNG Partners.

Helix Energy has an analyst consensus of Moderate Buy.

Noble Energy (NYSE: NBL)

BMO Capital analyst Phillip Jungwirth reiterated a Hold rating on Noble Energy (NYSE: NBL) on November 18 and set a price target of $45. The company’s shares opened today at $35.92.

According to TipRanks.com, Jungwirth is a 5-star analyst with an average return of 15.4% and a 74.6% success rate. Jungwirth covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp., Rice Midstream Partners, and Continental Resources.

Currently, the analyst consensus on Noble Energy is Moderate Buy and the average price target is $43.33, representing a 20.6% upside.

In a report issued on November 17, Seaport Global also downgraded the stock to Hold with a $38 price target.