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Analysts Offer Insights on Materials Companies: Arch Resources (ARCH), Torex Gold Resources (OtherTORXF) and Sociedad Quimica Y Minera SA (SQM)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Arch Resources (ARCHResearch Report), Torex Gold Resources (TORXFResearch Report) and Sociedad Quimica Y Minera SA (SQMResearch Report).

Arch Resources (ARCH)

Benchmark Co. analyst Nathan Martin maintained a Buy rating on Arch Resources today and set a price target of $180.00. The company’s shares closed last Friday at $165.94, close to its 52-week high of $175.10.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 39.9% and a 84.4% success rate. Martin covers the Basic Materials sector, focusing on stocks such as Alpha Metallurgical Resources, Warrior Met Coal, and Ramaco Resources.

Currently, the analyst consensus on Arch Resources is a Strong Buy with an average price target of $186.50.

See the top stocks recommended by analysts >>

Torex Gold Resources (TORXF)

In a report released today, Eric Winmill from Scotiabank maintained a Hold rating on Torex Gold Resources, with a price target of C$22.50. The company’s shares closed last Friday at $11.02.

According to TipRanks.com, Winmill is a 1-star analyst with an average return of -1.5% and a 51.1% success rate. Winmill covers the Basic Materials sector, focusing on stocks such as Fortuna Silver Mines, Arizona Metals, and Gold Royalty.

Torex Gold Resources has an analyst consensus of Moderate Buy, with a price target consensus of $17.20.

Sociedad Quimica Y Minera SA (SQM)

In a report released today, Ben Isaacson from Scotiabank maintained a Buy rating on Sociedad Quimica Y Minera SA, with a price target of $80.00. The company’s shares closed last Friday at $60.22.

According to TipRanks.com, Isaacson is a 4-star analyst with an average return of 12.7% and a 57.7% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Lithium Americas (Argentina) Corp., Lithium Americas Corp., and CF Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sociedad Quimica Y Minera SA with a $66.81 average price target.

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