This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Materials Companies: Ashland (ASH) and Agnico Eagle (AEM)

Tipranks - Thu Jun 11, 9:32AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Ashland (ASH) and Agnico Eagle (AEM) with bullish sentiments.

Introducing TipRanks MCP for Agents

Ashland (ASH)

In a report released today, John McNulty from BMO Capital maintained a Buy rating on Ashland, with a price target of $68.00. The company’s shares closed last Wednesday at $66.46.

According to TipRanks.com, McNulty is a 4-star analyst with an average return of 4.0% and a 51.0% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

Ashland has an analyst consensus of Strong Buy, with a price target consensus of $63.22, a -1.2% downside from current levels. In a report released today, UBS also assigned a Buy rating to the stock with a $72.00 price target.

See the top stocks recommended by analysts >>

Agnico Eagle (AEM)

In a report released today, Anita Soni from CIBC reiterated a Buy rating on Agnico Eagle, with a price target of $310.00. The company’s shares closed last Wednesday at $156.29.

According to TipRanks.com, Soni is a 5-star analyst with an average return of 21.0% and a 56.0% success rate. Soni covers the Basic Materials sector, focusing on stocks such as G Mining Ventures, Hudbay Minerals, and Capstone Copper. ;'>

Currently, the analyst consensus on Agnico Eagle is a Moderate Buy with an average price target of $262.45, a 68.9% upside from current levels. In a report issued on June 4, Barclays also maintained a Buy rating on the stock with a price target.

Read More on ASH:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.