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Analysts Are Neutral on These Materials Stocks: Olin (OLN), AdvanSix (ASIX)

Tipranks - Tue May 12, 6:52AM CDT

Analysts fell to the sidelines weighing in on Olin (OLN) and AdvanSix (ASIX) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Olin (OLN)

In a report released today, Michael Roxland from Truist Financial maintained a Hold rating on Olin, with a price target of $26.00. The company’s shares closed last Friday at $26.84, close to its 52-week low of $22.98.

According to TipRanks.com, Roxland is a 3-star analyst with an average return of 2.0% and a 48.1% success rate. Roxland covers the NA sector, focusing on stocks such as Ardagh Metal Packaging, International Paper Co, and Graphic Packaging. ;'>

Olin has an analyst consensus of Moderate Buy, with a price target consensus of $29.33, representing a 7.9% upside. In a report issued on April 26, TipRanks – xAI also reiterated a Hold rating on the stock with a $27.00 price target.

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AdvanSix (ASIX)

Truist Financial analyst Pete Osterland maintained a Hold rating on AdvanSix today and set a price target of $20.00. The company’s shares closed last Friday at $20.32.

According to TipRanks.com, Osterland is a 5-star analyst with an average return of 39.5% and a 82.5% success rate. Osterland covers the Basic Materials sector, focusing on stocks such as Minerals Technologies, Westlake Corporation, and Element Solutions. ;'>

Currently, the analyst consensus on AdvanSix is a Hold with an average price target of $20.00, implying a -5.0% downside from current levels. In a report issued on May 8, TipRanks – xAI also downgraded the stock to Hold with a $26.00 price target.

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