Companies in the Materials sector have received a lot of coverage today as analysts weigh in on BASF SE (GB:0BFA – Research Report), Marathon Gold (MGDPF – Research Report) and Rio Tinto (GB:RIO – Research Report).
BASF SE (GB:0BFA)
UBS analyst Andrew Stott maintained a Sell rating on BASF SE yesterday and set a price target of EUR40.00. The company’s shares closed yesterday at EUR44.10.
According to TipRanks.com, Stott is ranked #1191 out of 8499 analysts.
BASF SE has an analyst consensus of Hold, with a price target consensus of EUR52.54, representing a 18.8% upside. In a report issued on June 26, Baader Bank also maintained a Sell rating on the stock with a EUR53.00 price target.
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Rio Tinto (GB:RIO)
Credit Suisse analyst Haley Tam assigned a Buy rating to Rio Tinto today and set a price target of EUR84.00. The company’s shares closed last Thursday at p4961.25.
According to TipRanks.com, Tam is ranked #3018 out of 8499 analysts.
Currently, the analyst consensus on Rio Tinto is a Moderate Buy with an average price target of p5105.29, representing a 2.8% upside. In a report issued on June 21, Morgan Stanley also maintained a Buy rating on the stock with a p5670.00 price target.
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Read More on GB:0BFA:
- BASF and Yara to evaluate low-carbon blue ammonia project at U.S. Gulf Coast
- BASF, Yara to evaluate low-carbon blue ammonia project at Gulf Coast
- BASF price target lowered to EUR 54 from EUR 60 at Deutsche Bank
- Allianz and BASF: Two DAX 40 Shares with More Than 20% Upside
- BASF downgraded to Hold from Buy at HSBC
