Analysts Offer Insights on Materials Companies: Stone Energy (NYSE: SGY), Comstock Resources (NYSE: CRK), PBF Logistics L.P. (NYSE: PBFX) and Kinross Gold Corp (NYSE: KGC)

By George MacDonald

Analysts fell to the sidelines weighing in on Stone Energy (NYSE: SGY), Comstock Resources (NYSE: CRK), PBF Logistics L.P. (NYSE: PBFX) and Kinross Gold Corp (NYSE: KGC) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Stone Energy (NYSE: SGY)

In a report released today, Michael Schmitz from Ladenburg downgraded Stone Energy Corp. (NYSE: SGY) to Hold. The company’s shares closed last Friday at $2.40, close to its 52-week low of $1.82.

Currently, the analyst consensus on Stone Energy Corp. is Hold and the average price target is $3, representing a 25.0% upside. In a report issued on February 3, Imperial Capital also downgraded the stock to Hold with a $2.75 price target.

According to TipRanks.com, Schmitz is a 1-star analyst with an average return of -10.8% and a 35.7% success rate. Schmitz covers the Basic Materials sector, focusing on stocks such as Pioneer Southwest Energy Partners L.P., Southwestern Energy, and Comstock Resources.

Comstock Resources (NYSE: CRK)

Ladenburg analyst Michael Schmitz downgraded Comstock Resources (NYSE: CRK) to Hold today. The company’s shares closed last Friday at $1.13, close to its 52-week low of $0.97.

Comstock Resources has an analyst consensus of Moderate Buy.

According to TipRanks.com, Schmitz is a 1-star analyst with an average return of -10.8% and a 35.7% success rate. Schmitz covers the Basic Materials sector, focusing on stocks such as Pioneer Southwest Energy Partners L.P., Southwestern Energy, and EV Energy Partners.

PBF Logistics L.P. (NYSE: PBFX)

Barclays analyst Richard Gross reiterated a Hold rating on PBF Logistics (NYSE: PBFX) today and set a price target of $21. The company’s shares closed last Friday at $16.73, close to its 52-week low of $15.94.

PBF Logistics has an analyst consensus of Hold, with a price target consensus of $21.

According to TipRanks.com, Gross is a 4-star analyst with an average return of 4.1% and a 57.1% success rate. Gross covers the Basic Materials sector, focusing on stocks such as American Midstreampartners Lp, Calumet Specialty Products, and Western Refining Logistics.

Kinross Gold Corp (NYSE: KGC)

Barclays analyst Farooq Hamed reiterated a Hold rating on Kinross Gold (NYSE: KGC) today and set a price target of $3. The company’s shares closed last Friday at $3, close to its 52-week high of $3.08.

Kinross Gold has an analyst consensus of Moderate Buy.

According to TipRanks.com, Hamed is ranked 0 out of 5 stars with an average return of -13.8% and a 29.6% success rate. Hamed covers the Basic Materials sector, focusing on stocks such as Hudbay Minerals Inc, Silver Wheaton Corp, and Eldorado Gold Corp.