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Analysts’ Opinions Are Mixed on These Materials Stocks: FMC (FMC), Novagold Resources New (NG) and Stella-Jones (OtherSTLJF)

Analysts have been eager to weigh in on the Materials sector with new ratings on FMC (FMCResearch Report), Novagold Resources New (NGResearch Report) and Stella-Jones (STLJFResearch Report).

FMC (FMC)

In a report released yesterday, Arun Viswanathan from RBC Capital maintained a Buy rating on FMC, with a price target of $140.00. The company’s shares closed last Wednesday at $122.50.

According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of 4.1% and a 55.4% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Ardagh Metal Packaging.

Currently, the analyst consensus on FMC is a Strong Buy with an average price target of $145.10.

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Novagold Resources New (NG)

In a report issued on April 10, Michael Siperco from RBC Capital maintained a Hold rating on Novagold Resources New, with a price target of $7.00. The company’s shares closed last Wednesday at $6.21.

According to TipRanks.com, Siperco is a 3-star analyst with an average return of 2.2% and a 54.2% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Hecla Mining Company, Pan American Silver, and SilverCrest Metals.

Novagold Resources New has an analyst consensus of Hold, with a price target consensus of $7.00.

Stella-Jones (STLJF)

RBC Capital analyst Walter Spracklin maintained a Buy rating on Stella-Jones yesterday and set a price target of C$60.00. The company’s shares closed last Tuesday at $36.46.

According to TipRanks.com, Spracklin is a top 100 analyst with an average return of 18.0% and a 66.5% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Andlauer Healthcare Group, Canadian National Railway, and TFI International.

Currently, the analyst consensus on Stella-Jones is a Strong Buy with an average price target of $45.88.

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