Analysts have been eager to weigh in on the Materials sector with new ratings on Pilbara Minerals Limited (PILBF – Research Report) and LANXESS (LNXSF – Research Report).
Pilbara Minerals Limited (PILBF)
Goldman Sachs analyst Hugo Nicolaci maintained a Sell rating on Pilbara Minerals Limited today and set a price target of A$2.80. The company’s shares closed last Thursday at $2.50.
According to TipRanks.com, Nicolaci is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Pilbara Minerals Limited with a $2.37 average price target, a -0.8% downside from current levels. In a report released today, Citi also maintained a Sell rating on the stock with a A$3.60 price target.
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LANXESS (LNXSF)
Berenberg Bank analyst Andres Castanos-Mollor maintained a Buy rating on LANXESS today and set a price target of EUR34.00. The company’s shares closed last Wednesday at $28.12.
According to TipRanks.com, Castanos-Mollor is ranked #7381 out of 8786 analysts.
Currently, the analyst consensus on LANXESS is a Hold with an average price target of $30.00, which is a 6.7% upside from current levels. In a report issued on April 15, Kepler Capital also upgraded the stock to Buy with a EUR31.00 price target.
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