Analysts have been eager to weigh in on the Materials sector with new ratings on WestRock (WRK – Research Report), Teck Resources (TECK – Research Report) and Hudbay Minerals (HBM – Research Report).
WestRock (WRK)
In a report released yesterday, Michael Roxland from Truist Financial maintained a Hold rating on WestRock, with a price target of $44.00. The company’s shares closed last Friday at $38.24, close to its 52-week high of $39.30.
According to TipRanks.com, Roxland is a 2-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for WestRock with a $39.38 average price target.
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Teck Resources (TECK)
Jefferies analyst Chris LaFemina reiterated a Buy rating on Teck Resources yesterday and set a price target of C$73.00. The company’s shares closed last Friday at $34.89.
According to TipRanks.com, LaFemina is a 4-star analyst with an average return of
Currently, the analyst consensus on Teck Resources is a Strong Buy with an average price target of $47.73, implying a 38.5% upside from current levels. In a report released today, Wolfe Research also upgraded the stock to Buy with a C$56.00 price target.
Hudbay Minerals (HBM)
Haywood analyst Pierre Vaillancourt maintained a Buy rating on Hudbay Minerals today and set a price target of $9.00. The company’s shares closed last Friday at $3.97.
Vaillancourt has an average return of
According to TipRanks.com, Vaillancourt is ranked #7170 out of 8643 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hudbay Minerals with a $7.15 average price target, a 75.7% upside from current levels. In a report released yesterday, Scotiabank also maintained a Buy rating on the stock with a C$10.50 price target.
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