Analysts’ Top Materials Picks: RSG, USG

By Carrie Williams

Analysts fell to the sidelines weighing in on Republic Services (NYSE: RSG) and USG Corp (NYSE: USG) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Republic Services (NYSE: RSG)

In a report issued on July 27, Jon Windham from Barclays maintained a Hold rating on Republic Services (NYSE: RSG), with a price target of $63. The company’s shares closed yesterday at $64.30, close to its 52-week high of $65.54.

According to TipRanks.com, Windham is a 3-star analyst with an average return of 2.0% and a 56.3% success rate. Windham covers the Basic Materials sector, focusing on stocks such as Advanced Disposal Services Inc, Waste Connections Inc, and Waste Management.

Currently, the analyst consensus on Republic Services is Moderate Buy and the average price target is $70, representing an 8.9% upside.

In a report released yesterday, Oppenheimer also reiterated a Hold rating on the stock.
USG Corp (NYSE: USG)

USG Corp (NYSE: USG) received a Hold rating and a $26 price target from Barclays analyst Michael Dahl on July 27. The company’s shares closed yesterday at $27.07.

According to TipRanks.com, Dahl is a 1-star analyst with an average return of -0.3% and a 58.8% success rate. Dahl covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker Inc, Green Brick Partners, and Mohawk Industries.

Currently, the analyst consensus on USG Corp is Hold and the average price target is $28.50, representing a 5.3% upside.

In a report issued on July 24, C.L. King also downgraded the stock to Hold.

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