There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Ternium SA (TX – Research Report) and Rio Tinto Limited (RTNTF – Research Report) with bullish sentiments.
Ternium SA (TX)
J.P. Morgan analyst Rodolfo Angele maintained a Buy rating on Ternium SA yesterday and set a price target of $54.00. The company’s shares closed last Monday at $42.87, close to its 52-week high of $44.44.
Angele has an average return of
According to TipRanks.com, Angele is ranked #5763 out of 8783 analysts.
Ternium SA has an analyst consensus of Strong Buy, with a price target consensus of $53.67.
See the top stocks recommended by analysts >>
Rio Tinto Limited (RTNTF)
J.P. Morgan analyst Lyndon Fagan maintained a Buy rating on Rio Tinto Limited today and set a price target of A$145.00. The company’s shares closed last Friday at $84.07.
According to TipRanks.com, Fagan is a 4-star analyst with an average return of
Rio Tinto Limited has an analyst consensus of Moderate Buy, with a price target consensus of $84.93, a 1.0% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a A$139.00 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 TX:
