Companies in the Materials sector have received a lot of coverage today as analysts weigh in on O-I Glass (OI – Research Report), Vale SA (VALE – Research Report) and ChampionX (CHX – Research Report).
O-I Glass (OI)
Bank of America Securities analyst George Staphos reiterated a Buy rating on O-I Glass yesterday and set a price target of $25.00. The company’s shares closed last Wednesday at $21.63, close to its 52-week high of $22.34.
According to TipRanks.com, Staphos is a 5-star analyst with an average return of
Currently, the analyst consensus on O-I Glass is a Moderate Buy with an average price target of $20.75, representing a -1.7% downside. In a report released today, RBC Capital also upgraded the stock to Buy with a $34.00 price target.
See the top stocks recommended by analysts >>
Vale SA (VALE)
The company’s shares closed last Wednesday at $18.45.
According to TipRanks.com, Fletcher is a 1-star analyst with an average return of
Currently, the analyst consensus on Vale SA is a Strong Buy with an average price target of $19.00.
ChampionX (CHX)
The company’s shares closed last Wednesday at $32.50, close to its 52-week high of $33.65.
According to TipRanks.com, Anderson is a 1-star analyst with an average return of
ChampionX has an analyst consensus of Hold, with a price target consensus of $28.00.
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.
