Analysts have been eager to weigh in on the Materials sector with new ratings on Alcoa (AA – Research Report), PPG Industries (PPG – Research Report) and Lundin Mining (LUNMF – Research Report).
Alcoa (AA)
In a report issued on January 19, Lawson Winder from Bank of America Securities reiterated a Hold rating on Alcoa, with a price target of $33.00. The company’s shares closed last Monday at $27.42, close to its 52-week low of $23.07.
According to TipRanks.com, Winder is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Alcoa with a $31.95 average price target, implying a 18.9% upside from current levels. In a report issued on January 18, J.P. Morgan also assigned a Hold rating to the stock with a $32.00 price target.
See today’s best-performing stocks on TipRanks >>
PPG Industries (PPG)
In a report released yesterday, Michael Leithead from Barclays assigned a Buy rating to PPG Industries, with a price target of $163.00. The company’s shares closed last Monday at $142.02.
According to TipRanks.com, Leithead is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for PPG Industries with a $162.89 average price target, representing a 14.9% upside. In a report issued on January 9, KeyBanc also maintained a Buy rating on the stock with a $167.00 price target.
Lundin Mining (LUNMF)
In a report released today, Sam Crittenden from RBC Capital maintained a Hold rating on Lundin Mining, with a price target of C$13.00. The company’s shares closed last Monday at $7.45.
According to TipRanks.com, Crittenden is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Lundin Mining with a $8.29 average price target, which is a 12.4% upside from current levels. In a report issued on January 12, Canaccord Genuity also downgraded the stock to Hold with a C$11.50 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on AA:
