Analysts Offer Insights on Materials Companies: Lonestar Resources US (NASDAQ: LONE) and Pacific Ethanol (NASDAQ: PEIX)

By Ryan Adsit

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Lonestar Resources US (NASDAQ: LONE) and Pacific Ethanol (NASDAQ: PEIX) with bullish sentiments.

Lonestar Resources US (NASDAQ: LONE)

Roth Capital analyst John M. White reiterated a Buy rating on Lonestar Resources US (NASDAQ: LONE) today and set a price target of $15. The company’s shares opened today at $3.80, close to its 52-week low of $3.31.

According to TipRanks.com, White is a 1-star analyst with an average return of 0.0% and a 47.3% success rate. White covers the Basic Materials sector, focusing on stocks such as Evolution Petroleum Corp, Clayton Williams Energy, and Goodrich Petroleum Corp.

Lonestar Resources US has an analyst consensus of Moderate Buy, with a price target consensus of $13.

Pacific Ethanol (NASDAQ: PEIX)

In a report released today, Craig Irwin from Roth Capital reiterated a Buy rating on Pacific Ethanol (NASDAQ: PEIX), with a price target of $10. The company’s shares opened today at $6.90.

According to TipRanks.com, Irwin is a 2-star analyst with an average return of 0.5% and a 45.5% success rate. Irwin covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Capstone Turbine Corp, and Amer Superconductor.

Pacific Ethanol has an analyst consensus of Moderate Buy, with a price target consensus of $10.

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