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Analysts’ Opinions Are Mixed on These Materials Stocks: IAMGOLD (IAG), Albemarle (ALB) and James Hardie (OtherJHIUF)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on IAMGOLD (IAGResearch Report), Albemarle (ALBResearch Report) and James Hardie (JHIUFResearch Report).

IAMGOLD (IAG)

In a report released today, Lawson Winder from Bank of America Securities reiterated a Buy rating on IAMGOLD, with a price target of $3.20. The company’s shares closed last Monday at $2.30.

According to TipRanks.com, Winder has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.5% and a 38.8% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Wheaton Precious Metals, and Pan American Silver.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IAMGOLD with a $3.06 average price target.

See the top stocks recommended by analysts >>

Albemarle (ALB)

Wells Fargo analyst Michael Sison maintained a Buy rating on Albemarle yesterday and set a price target of $140.00. The company’s shares closed last Monday at $120.75, close to its 52-week low of $112.00.

According to TipRanks.com, Sison is a 5-star analyst with an average return of 7.9% and a 56.4% success rate. Sison covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company.

Albemarle has an analyst consensus of Moderate Buy, with a price target consensus of $166.95, representing a 46.7% upside. In a report issued on January 9, KeyBanc also maintained a Buy rating on the stock with a $199.00 price target.

James Hardie (JHIUF)

James Hardie received a Sell rating and a $35.50 price target from Bank of America Securities analyst Shaurya Visen today. The company’s shares closed last Wednesday at $33.69.

Visen has an average return of 22.1% when recommending James Hardie.

According to TipRanks.com, Visen is ranked #4030 out of 8686 analysts.

James Hardie has an analyst consensus of Moderate Buy, with a price target consensus of $35.92.

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