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Analysts Conflicted on These Materials Names: LANXESS (OtherLNXSF) and Hecla Mining Company (HL)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on LANXESS (LNXSFResearch Report) and Hecla Mining Company (HLResearch Report).

LANXESS (LNXSF)

J.P. Morgan analyst Chetan Udeshi maintained a Hold rating on LANXESS today and set a price target of EUR26.00. The company’s shares closed last Friday at $21.47, equals to its 52-week low of $21.47.

Udeshi has an average return of 16.2% when recommending LANXESS.

According to TipRanks.com, Udeshi is ranked #7673 out of 8601 analysts.

LANXESS has an analyst consensus of Moderate Buy, with a price target consensus of $32.92, implying a 53.3% upside from current levels. In a report issued on October 30, UBS also maintained a Hold rating on the stock with a EUR25.00 price target.

See today’s best-performing stocks on TipRanks >>

Hecla Mining Company (HL)

BMO Capital analyst Kevin O’Halloran maintained a Buy rating on Hecla Mining Company yesterday and set a price target of $5.50. The company’s shares closed last Tuesday at $4.09, close to its 52-week low of $3.55.

According to TipRanks.com, O’Halloran is a 2-star analyst with an average return of -0.8% and a 25.0% success rate. O’Halloran covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Coeur Mining, and MAG Silver.

Currently, the analyst consensus on Hecla Mining Company is a Strong Buy with an average price target of $6.27, a 54.4% upside from current levels. In a report issued on October 23, RBC Capital also maintained a Buy rating on the stock with a $6.00 price target.

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