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Analysts Conflicted on These Materials Names: LANXESS (OtherLNXSF), Nine Dragons Paper Holdings (OtherNDGPF) and MMG (OtherMMLTF)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on LANXESS (LNXSFResearch Report), Nine Dragons Paper Holdings (NDGPFResearch Report) and MMG (MMLTFResearch Report).

LANXESS (LNXSF)

In a report issued on January 1, Chris Counihan from Jefferies maintained a Hold rating on LANXESS, with a price target of EUR26.00. The company’s shares closed last Thursday at $31.00.

According to TipRanks.com, Counihan is ranked #7336 out of 8654 analysts.

Currently, the analyst consensus on LANXESS is a Hold with an average price target of $31.22.

See the top stocks recommended by analysts >>

Nine Dragons Paper Holdings (NDGPF)

In a report issued on January 1, Johnson Wan from Jefferies maintained a Sell rating on Nine Dragons Paper Holdings, with a price target of HK$3.50. The company’s shares closed last Thursday at $0.48, close to its 52-week low of $0.46.

According to TipRanks.com, Wan is a 2-star analyst with an average return of -0.7% and a 46.4% success rate. Wan covers the Basic Materials sector, focusing on stocks such as China Resources Cement Holdings, Lee & Man Paper Manufacturing, and Anhui Conch Cement Company.

Nine Dragons Paper Holdings has an analyst consensus of Hold, with a price target consensus of $0.45.

MMG (MMLTF)

In a report issued on January 1, Chris LaFemina from Jefferies maintained a Hold rating on MMG, with a price target of HK$2.60. The company’s shares closed last Tuesday at $0.29.

According to TipRanks.com, LaFemina is a 4-star analyst with an average return of 4.9% and a 53.4% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Ivanhoe Electric Inc., and Rio Tinto Limited.

Currently, the analyst consensus on MMG is a Hold with an average price target of $0.33.

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