Analysts have been eager to weigh in on the Materials sector with new ratings on Nine Dragons Paper Holdings (NDGPF – Research Report) and LANXESS (LNXSF – Research Report).
Nine Dragons Paper Holdings (NDGPF)
Jefferies analyst Johnson Wan maintained a Sell rating on Nine Dragons Paper Holdings on January 5 and set 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
Nine Dragons Paper Holdings has an analyst consensus of Hold, with a price target consensus of $0.45.
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LANXESS (LNXSF)
In a report issued on January 5, 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 #7281 out of 8651 analysts.
Currently, the analyst consensus on LANXESS is a Hold with an average price target of $31.15.
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