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Analysts Are Bullish on Top Materials Stocks: First Quantum Minerals (FQVLF), Air Products and Chemicals (APD)

Tipranks - Thu Jan 22, 8:16PM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on First Quantum Minerals (FQVLFResearch Report) and Air Products and Chemicals (APDResearch Report) with bullish sentiments.

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First Quantum Minerals (FQVLF)

In a report issued on January 20, Sam Crittenden from RBC Capital maintained a Buy rating on First Quantum Minerals, with a price target of C$40.00. The company’s shares closed last Wednesday at $29.84.

According to TipRanks.com, Crittenden is a top 100 analyst with an average return of 30.2% and a 68.8% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Solaris Resources, Nexa Resources SA, and Freeport-McMoRan. ;'>

First Quantum Minerals has an analyst consensus of Moderate Buy, with a price target consensus of $27.46, a -9.4% downside from current levels. In a report issued on January 15, TipRanks – OpenAI also upgraded the stock to Buy with a C$46.00 price target.

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Air Products and Chemicals (APD)

RBC Capital analyst Arun Viswanathan maintained a Buy rating on Air Products and Chemicals yesterday and set a price target of $325.00. The company’s shares closed last Wednesday at $263.11.

According to TipRanks.com, Viswanathan is a 3-star analyst with an average return of 0.8% and a 53.8% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Westlake Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Air Products and Chemicals with a $284.80 average price target, implying a 9.0% upside from current levels. In a report issued on January 8, Bernstein also maintained a Buy rating on the stock with a $300.00 price target.

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