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Analysts Have Conflicting Sentiments on These Materials Companies: Hastings Technology Metals Limited (AU:HAS), Solvay SA (GB:0NZR) and ioneer Limited (OtherGSCCF)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Hastings Technology Metals Limited (AU:HASResearch Report), Solvay SA (GB:0NZRResearch Report) and ioneer Limited (GSCCFResearch Report).

Hastings Technology Metals Limited (AU:HAS)

Canaccord Genuity analyst Reg Spencer maintained a Buy rating on Hastings Technology Metals Limited on February 19 and set a price target of A$2.50. The company’s shares closed last Wednesday at A$0.64.

According to TipRanks.com, Spencer is a 3-star analyst with an average return of 1.6% and a 37.0% success rate. Spencer covers the Basic Materials sector, focusing on stocks such as Arafura Resources Limited, Lynas Rare Earths Limited, and Iluka Resources Limited.

Hastings Technology Metals Limited has an analyst consensus of Moderate Buy, with a price target consensus of A$1.56.

See the top stocks recommended by analysts >>

Solvay SA (GB:0NZR)

In a report issued on December 21, Chris Counihan from Jefferies maintained a Sell rating on Solvay SA, with a price target of EUR84.00. The company’s shares closed yesterday at EUR23.82.

According to TipRanks.com, Counihan is a 1-star analyst with an average return of -3.7% and a 46.7% success rate. Counihan covers the Basic Materials sector, focusing on stocks such as Wacker Chemie AG, Clariant AG, and LANXESS.

Currently, the analyst consensus on Solvay SA is a Hold with an average price target of EUR35.28, a 50.1% upside from current levels. In a report issued on February 8, Morgan Stanley also downgraded the stock to Sell with a EUR21.50 price target.

ioneer Limited (GSCCF)

Wilsons analyst Sam Catalano maintained a Buy rating on ioneer Limited on February 5 and set a price target of A$0.30. The company’s shares closed last Tuesday at $0.09, close to its 52-week low of $0.07.

Catalano has an average return of 3.6% when recommending ioneer Limited.

According to TipRanks.com, Catalano is ranked #6957 out of 8726 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ioneer Limited with a $0.20 average price target.

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