Analysts Have Conflicting Sentiments on These Materials Companies: Rio Tinto Limited (OtherRTNTF) and Air Products and Chemicals (APD)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Rio Tinto Limited (RTNTF – Research Report) and Air Products and Chemicals (APD – Research Report).
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Rio Tinto Limited (RTNTF)
In a report released yesterday, Kaan Peker from RBC Capital maintained a Hold rating on Rio Tinto Limited, with a price target of A$137.00. The company’s shares closed last Wednesday at $105.43.
According to TipRanks.com, Peker is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Rio Tinto Limited with a $96.16 average price target, representing a -8.8% downside. In a report issued on January 9, Macquarie also maintained a Hold rating on the stock with a A$130.00 price target.
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Air Products and Chemicals (APD)
Evercore ISI analyst Eric Boyes maintained a Buy rating on Air Products and Chemicals today and set a price target of $325.00. The company’s shares closed last Wednesday at $263.11.
According to TipRanks.com, Boyes is a 1-star analyst with an average return of
Air Products and Chemicals has an analyst consensus of Moderate Buy, with a price target consensus of $284.80, 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.
