Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Chemours Company (CC – Research Report), Vale SA (VALE – Research Report) and United States Steel (X – Research Report).
Chemours Company (CC)
BMO Capital analyst John McNulty maintained a Buy rating on Chemours Company yesterday and set a price target of $45.00. The company’s shares closed last Thursday at $24.24, close to its 52-week low of $23.46.
According to TipRanks.com, McNulty is a 4-star analyst with an average return of
Currently, the analyst consensus on Chemours Company is a Moderate Buy with an average price target of $37.63, implying a 59.0% upside from current levels. In a report released yesterday, Alembic Global also maintained a Buy rating on the stock with a $41.00 price target.
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Vale SA (VALE)
BMO Capital analyst Alexander Pearce maintained a Buy rating on Vale SA today and set a price target of $18.00. The company’s shares closed last Thursday at $13.03, close to its 52-week low of $12.22.
According to TipRanks.com, Pearce is ranked #668 out of 8565 analysts.
Vale SA has an analyst consensus of Moderate Buy, with a price target consensus of $16.93, a 32.7% upside from current levels. In a report issued on October 13, Barclays also maintained a Buy rating on the stock with a $16.00 price target.
United States Steel (X)
In a report released yesterday, Katja Jancic from BMO Capital maintained a Hold rating on United States Steel, with a price target of $35.00. The company’s shares closed last Thursday at $32.57, close to its 52-week high of $33.65.
According to TipRanks.com, Jancic is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for United States Steel with a $30.60 average price target.
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