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Analysts Offer Insights on Materials Companies: Chemours Company (CC) and Boise Cascade (BCC)

Tipranks - Wed May 6, 5:32PM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Chemours Company (CC) and Boise Cascade (BCC).

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Chemours Company (CC)

In a report released today, Hassan Ahmed from Alembic Global maintained a Buy rating on Chemours Company, with a price target of $24.00. The company’s shares closed last Tuesday at $27.94, close to its 52-week high of $29.21.

According to TipRanks.com, Ahmed is a 4-star analyst with an average return of 8.2% and a 49.0% success rate. Ahmed covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Westlake Corporation, and LyondellBasell. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chemours Company with a $22.78 average price target, representing a -17.6% downside. In a report issued on April 28, Truist Financial also maintained a Buy rating on the stock with a $30.00 price target.

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Boise Cascade (BCC)

Goldman Sachs analyst Susan Maklari maintained a Hold rating on Boise Cascade yesterday and set a price target of $85.00. The company’s shares closed last Tuesday at $72.13.

According to TipRanks.com, Maklari is a 3-star analyst with an average return of 0.8% and a 49.3% success rate. Maklari covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Worthington Industries, and Builders Firstsource. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boise Cascade with a $91.25 average price target, a 20.2% upside from current levels. In a report issued on May 1, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $84.00 price target.

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