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Analysts Conflicted on These Materials Names: Pactiv Evergreen (PTVE) and Atlas Energy Solutions (AESI)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Pactiv Evergreen (PTVEResearch Report) and Atlas Energy Solutions (AESIResearch Report).

Pactiv Evergreen (PTVE)

In a report released yesterday, George Staphos from Bank of America Securities reiterated a Hold rating on Pactiv Evergreen, with a price target of $10.00. The company’s shares closed last Monday at $7.13, close to its 52-week low of $6.85.

According to TipRanks.com, Staphos is a 5-star analyst with an average return of 8.7% and a 57.0% success rate. Staphos covers the Basic Materials sector, focusing on stocks such as Rayonier Advanced Materials, International Paper Co, and Ardagh Metal Packaging.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pactiv Evergreen with a $11.17 average price target.

See the top stocks recommended by analysts >>

Atlas Energy Solutions (AESI)

In a report released yesterday, Chase Mulvehill from Bank of America Securities maintained a Buy rating on Atlas Energy Solutions, with a price target of $23.00. The company’s shares closed last Monday at $17.04.

According to TipRanks.com, Mulvehill is a 1-star analyst with an average return of -4.3% and a 44.5% success rate. Mulvehill covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Nextier Oilfield Solutions, and Liberty Oilfield Services.

Atlas Energy Solutions has an analyst consensus of Strong Buy, with a price target consensus of $24.44.

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