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Analysts’ Opinions Are Mixed on These Materials Stocks: Comstock Mining (LODE), Ingevity (NGVT) and AppHarvest (APPH)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Comstock Mining (LODEResearch Report), Ingevity (NGVTResearch Report) and AppHarvest (APPHResearch Report).

Comstock Mining (LODE)

In a report released today, Mark Reichman from Noble Financial maintained a Buy rating on Comstock Mining, with a price target of $4.75. The company’s shares closed last Thursday at $0.32, close to its 52-week low of $0.24.

According to TipRanks.com, Reichman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -12.0% and a 29.7% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Haynes International, Alliance Resource, and Endeavour Silver.

Currently, the analyst consensus on Comstock Mining is a Moderate Buy with an average price target of $4.75.

See the top stocks recommended by analysts >>

Ingevity (NGVT)

In a report released today, Ian Zaffino from Oppenheimer maintained a Buy rating on Ingevity, with a price target of $95.00. The company’s shares closed last Thursday at $75.46.

Zaffino has an average return of 17.2% when recommending Ingevity.

According to TipRanks.com, Zaffino is ranked #1063 out of 8367 analysts.

Currently, the analyst consensus on Ingevity is a Strong Buy with an average price target of $98.67, a 26.2% upside from current levels. In a report issued on March 1, Stifel Nicolaus also maintained a Buy rating on the stock with a $117.00 price target.

AppHarvest (APPH)

Oppenheimer analyst Kristen Owen maintained a Hold rating on AppHarvest today. The company’s shares closed last Thursday at $0.78, close to its 52-week low of $0.47.

According to TipRanks.com, Owen is a 4-star analyst with an average return of 18.2% and a 70.8% success rate. Owen covers the Industrial Goods sector, focusing on stocks such as CNH Industrial, Deere, and Agco.

Currently, the analyst consensus on AppHarvest is a Moderate Buy with an average price target of $1.63, representing a 103.4% upside. In a report issued on March 6, Barclays also assigned a Hold rating to the stock with a price target.

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