Analysts Offer Insights on Materials Companies: Oil States International (NYSE: OIS) and Chevron Corp (NYSE: CVX)

By Austin Angelo

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Oil States International (NYSE: OIS) and Chevron Corp (NYSE: CVX).

Oil States International (NYSE: OIS)

In a report released yesterday, Daniel Boyd from BMO Capital reiterated a Hold rating on Oil States International (NYSE: OIS), with a price target of $33. The company’s shares opened today at $26.10, close to its 52-week low of $25.25.

According to TipRanks.com, Boyd is a 4-star analyst with an average return of 6.0% and a 56.5% success rate. Boyd covers the Basic Materials sector, focusing on stocks such as Diamond Offshore Drilling, Rice Midstream Partners, and Whiting Petroleum Corp.

Oil States International has an analyst consensus of Moderate Buy, with a price target consensus of $37.75.

Chevron Corp (NYSE: CVX)

BMO Capital analyst Brendan Warn reiterated a Buy rating on Chevron Corp (NYSE: CVX) today and set a price target of $130. The company’s shares opened today at $104.48.

According to TipRanks.com, Warn is a 1-star analyst with an average return of -2.1% and a 43.8% success rate. Warn covers the Basic Materials sector, focusing on stocks such as Royal Dutch Shell A, Bonanza Creek, and Kosmos Energy.

Chevron Corp has an analyst consensus of Moderate Buy, with a price target consensus of $110.38.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.