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Analysts Offer Insights on Industrial Goods Companies: Valvoline (VVV), Sylvamo Corp (SLVM) and James Hardie (OtherJHIUF)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Valvoline (VVVResearch Report), Sylvamo Corp (SLVMResearch Report) and James Hardie (JHIUFResearch Report).

Valvoline (VVV)

RBC Capital analyst Steven Shemesh maintained a Buy rating on Valvoline on November 9 and set a price target of $43.00. The company’s shares closed last Friday at $32.50.

According to TipRanks.com, Shemesh ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -11.4% and a 37.9% success rate. Shemesh covers the NA sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Driven Brands Holdings, and Advance Auto Parts.

Valvoline has an analyst consensus of Moderate Buy, with a price target consensus of $38.83, a 22.4% upside from current levels. In a report issued on November 9, Wells Fargo also reiterated a Buy rating on the stock with a $40.00 price target.

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Sylvamo Corp (SLVM)

RBC Capital analyst Matt McKellar maintained a Hold rating on Sylvamo Corp on November 9 and set a price target of $45.00. The company’s shares closed last Friday at $47.27.

According to TipRanks.com, McKellar is a 2-star analyst with an average return of -0.9% and a 46.7% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as Rayonier Advanced Materials, Clearwater Paper, and WestRock.

Sylvamo Corp has an analyst consensus of Moderate Buy, with a price target consensus of $46.50.

James Hardie (JHIUF)

In a report issued on November 8, Paul Quinn from RBC Capital maintained a Hold rating on James Hardie, with a price target of A$50.00. The company’s shares closed last Friday at $29.00, close to its 52-week high of $30.00.

According to TipRanks.com, Quinn is a 5-star analyst with an average return of 16.1% and a 54.2% success rate. Quinn covers the Basic Materials sector, focusing on stocks such as West Fraser Timber Co, Louisiana-Pacific, and Canfor.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for James Hardie with a $34.01 average price target.

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