Analysts’ Opinions Are Mixed on These Materials Stocks: Huntsman (HUN), B2Gold (BTG) and Steel Dynamics (STLD)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Huntsman (HUN – Research Report), B2Gold (BTG – Research Report) and Steel Dynamics (STLD – Research Report).

Huntsman (HUN)

Mizuho Securities analyst John Roberts CFA maintained a Hold rating on Huntsman on January 19 and set a price target of $26.00. The company’s shares closed last Tuesday at $24.04.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 5.0% and a 58.7% success rate. CFA covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company.

Currently, the analyst consensus on Huntsman is a Hold with an average price target of $26.33, representing a 10.7% upside. In a report issued on January 12, RBC Capital also maintained a Hold rating on the stock with a $21.00 price target.

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B2Gold (BTG)

In a report released today, Brian Quast from BMO Capital maintained a Buy rating on B2Gold, with a price target of C$6.50. The company’s shares closed last Tuesday at $2.97, close to its 52-week low of $2.77.

According to TipRanks.com, Quast is a 3-star analyst with an average return of 2.5% and a 43.5% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Eldorado Gold, Argonaut Gold, and Alamos Gold.

Currently, the analyst consensus on B2Gold is a Strong Buy with an average price target of $4.85, implying a 66.7% upside from current levels. In a report issued on January 15, National Bank also maintained a Buy rating on the stock with a C$6.00 price target.

Steel Dynamics (STLD)

BMO Capital analyst Katja Jancic maintained a Hold rating on Steel Dynamics yesterday and set a price target of $110.00. The company’s shares closed last Tuesday at $116.14.

According to TipRanks.com, Jancic is a 4-star analyst with an average return of 17.8% and a 88.6% success rate. Jancic covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, United States Steel, and Algoma Steel Group.

Currently, the analyst consensus on Steel Dynamics is a Hold with an average price target of $113.25, representing a -2.7% downside. In a report issued on January 16, UBS also initiated coverage with a Hold rating on the stock with a $120.00 price target.

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Read More on HUN:

• Huntsman price target lowered to $20 from $21 at RBC Capital
• Huntsman lowers Q4 adusted EBITDA view to $40M-$45M from $65M-$90M
• Unusually active option classes on open January 3rd
• Unusually active option classes on open December 15th
• Huntsman price target raised by $2 at Citi, here’s why