Analysts Conflicted on These Materials Names: Enduro Royalty Trust (NYSE: NDRO), Dycom (NYSE: DY) and Nustar Energy LP (NYSE: NS)

By Austin Angelo

Analysts have been eager to weigh in on the Materials sector with new ratings on Enduro Royalty Trust (NYSE: NDRO), Dycom (NYSE: DY) and Nustar Energy LP (NYSE: NS).

Enduro Royalty Trust (NYSE: NDRO)

Stifel Nicolaus analyst Brian Brungardt reiterated a Buy rating on Enduro Royalty Trust (NYSE: NDRO) on August 30 and set a price target of $3.75. The company’s shares closed yesterday at $3.60.

According to TipRanks.com, Brungardt is a 1-star analyst with an average return of -4.1% and a 42.0% success rate. Brungardt covers the Basic Materials sector, focusing on stocks such as Vanguard Natural Resources LLC, Antero Midstream Partners, and EnLink Midstream Partners.

Enduro Royalty Trust has an analyst consensus of Moderate Buy, with a price target consensus of $3.75.

Dycom (NYSE: DY)

In a report released yesterday, Noelle Dilts from Stifel Nicolaus reiterated a Buy rating on Dycom (NYSE: DY), with a price target of $93. The company’s shares closed yesterday at $80.68.

According to TipRanks.com, Dilts is a 4-star analyst with an average return of 3.9% and a 51.4% success rate. Dilts covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Vulcan Materials, and Quanta Services.

Currently, the analyst consensus on Dycom is Strong Buy and the average price target is $97, representing a 20.2% upside.

In a report issued on August 30, KeyBanc also upgraded the stock to Buy with a $87 price target.
Nustar Energy LP (NYSE: NS)

In a report released yesterday, Selman Akyol from Stifel Nicolaus reiterated a Hold rating on Nustar Energy LP (NYSE: NS), with a price target of $46. The company’s shares closed yesterday at $40.49.

According to TipRanks.com, Akyol is a 3-star analyst with an average return of 1.1% and a 49.4% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Vanguard Natural Resources LLC, and Energy Transfer Partners LP.

Nustar Energy LP has an analyst consensus of Hold, with a price target consensus of $47.50.

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