Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Fortescue Metals Group Ltd (FSUMF – Research Report), Alumina Limited (AU:AWC – Research Report) and K+S Aktiengesellschaft (GB:0Q2N – Research Report).
Fortescue Metals Group Ltd (FSUMF)
In a report released yesterday, Ord Minnett from Ord Minnett maintained a Sell rating on Fortescue Metals Group Ltd, with a price target of A$15.00. The company’s shares closed last Friday at $14.65.
Fortescue Metals Group Ltd has an analyst consensus of Moderate Sell, with a price target consensus of $12.30, a -16.4% downside from current levels. In a report issued on July 19, Citi also downgraded the stock to Sell with a A$19.40 price target.
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Alumina Limited (AU:AWC)
Citi analyst Paul McTaggart maintained a Sell rating on Alumina Limited yesterday and set a price target of A$1.40. The company’s shares closed last Friday at A$1.39, close to its 52-week low of A$1.30.
According to TipRanks.com, McTaggart is a 5-star analyst with an average return of
Currently, the analyst consensus on Alumina Limited is a Moderate Sell with an average price target of A$1.31, a -6.4% downside from current levels. In a report issued on July 13, J.P. Morgan also maintained a Sell rating on the stock with a A$1.20 price target.
K+S Aktiengesellschaft (GB:0Q2N)
Kepler Capital analyst Christian Faitz maintained a Buy rating on K+S Aktiengesellschaft on July 26 and set a price target of EUR40.00. The company’s shares closed yesterday at EUR17.26.
Faitz has an average return of
According to TipRanks.com, Faitz is ranked #697 out of 8533 analysts.
Currently, the analyst consensus on K+S Aktiengesellschaft is a Hold with an average price target of EUR20.16, representing a 17.0% upside. In a report issued on July 14, DZ BANK AG also maintained a Buy rating on the stock.
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