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Analysts Offer Insights on Materials Companies: Royal Gold (RGLD), Ingevity (NGVT) and Louisiana-Pacific (LPX)

Analysts have been eager to weigh in on the Materials sector with new ratings on Royal Gold (RGLDResearch Report), Ingevity (NGVTResearch Report) and Louisiana-Pacific (LPXResearch Report).

Royal Gold (RGLD)

BMO Capital analyst Jackie Przybylowski maintained a Hold rating on Royal Gold today and set a price target of $135.00. The company’s shares closed last Thursday at $105.13.

According to TipRanks.com, Przybylowski is a 5-star analyst with an average return of 11.8% and a 46.3% success rate. Przybylowski covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Lundin Mining, and Barrick Gold.

Royal Gold has an analyst consensus of Moderate Buy, with a price target consensus of $143.20.

See the top stocks recommended by analysts >>

Ingevity (NGVT)

In a report released today, John McNulty from BMO Capital maintained a Hold rating on Ingevity, with a price target of $54.00. The company’s shares closed last Thursday at $41.64, close to its 52-week low of $38.10.

According to TipRanks.com, McNulty is a 4-star analyst with an average return of 2.6% and a 49.9% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Westlake Chemical, DuPont de Nemours, and Chemours Company.

Ingevity has an analyst consensus of Hold, with a price target consensus of $61.75.

Louisiana-Pacific (LPX)

BMO Capital analyst Ketan Mamtora maintained a Buy rating on Louisiana-Pacific today and set a price target of $78.00. The company’s shares closed last Thursday at $56.52.

According to TipRanks.com, Mamtora is a 4-star analyst with an average return of 8.8% and a 52.6% success rate. Mamtora covers the Industrial Goods sector, focusing on stocks such as Beacon Roofing Supply, Builders Firstsource, and Interfor.

Louisiana-Pacific has an analyst consensus of Strong Buy, with a price target consensus of $73.33, a 33.2% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $72.00 price target.

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