Analysts Offer Insights on Materials Companies: MP Materials (MP) and Boise Cascade (BCC)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on MP Materials (MP – Research Report) and Boise Cascade (BCC – Research Report) with bullish sentiments.
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MP Materials (MP)
In a report released today, Matt Summerville from D.A. Davidson maintained a Buy rating on MP Materials, with a price target of $82.00. The company’s shares closed last Wednesday at $63.55.
According to TipRanks.com, Summerville is a 5-star analyst with an average return of
MP Materials has an analyst consensus of Strong Buy, with a price target consensus of $81.19, a 31.0% upside from current levels. In a report issued on November 18, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $77.00 price target.
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Boise Cascade (BCC)
In a report released today, Kurt Yinger from D.A. Davidson maintained a Buy rating on Boise Cascade, with a price target of $95.00. The company’s shares closed last Wednesday at $67.22.
According to TipRanks.com, Yinger is a 4-star analyst with an average return of
Boise Cascade has an analyst consensus of Moderate Buy, with a price target consensus of $90.25, which is a 36.5% upside from current levels. In a report issued on November 5, BMO Capital also upgraded the stock to Buy with a $100.00 price target.
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