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Analysts Offer Insights on Materials Companies: Fletcher Building Limited (OtherFRCEF), Orica Limited (OtherOCLDF) and Evolution Mining (OtherCAHPF)

Tipranks - Tue Jan 20, 8:00PM CST

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Fletcher Building Limited (FRCEFResearch Report), Orica Limited (OCLDFResearch Report) and Evolution Mining (CAHPFResearch Report).

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Fletcher Building Limited (FRCEF)

Citi analyst Samuel Seow maintained a Hold rating on Fletcher Building Limited today. The company’s shares closed last Thursday at $2.13.

According to TipRanks.com, Seow is a 1-star analyst with an average return of 0.0% and a 50.6% success rate. Seow covers the Industrial Goods sector, focusing on stocks such as Reliance Worldwide Corp., Qantas Airways Limited, and Aurizon Holdings. ;'>

Fletcher Building Limited has an analyst consensus of Hold.

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Orica Limited (OCLDF)

RBC Capital analyst Mark Wilson CFA maintained a Buy rating on Orica Limited on January 16 and set a price target of A$27.50. The company’s shares closed last Thursday at $14.92.

CFA has an average return of 5.2% when recommending Orica Limited. ;'>

According to TipRanks.com, CFA is ranked #8295 out of 12040 analysts.

Orica Limited has an analyst consensus of Strong Buy, with a price target consensus of $17.73, implying a 18.8% upside from current levels. In a report issued on January 15, TipRanks – Google also upgraded the stock to Buy with a A$29.00 price target.

Evolution Mining (CAHPF)

RBC Capital analyst Alex Barkley maintained a Sell rating on Evolution Mining on January 18 and set a price target of A$10.00. The company’s shares closed last Friday at $8.78.

According to TipRanks.com, Barkley is a 5-star analyst with an average return of 18.5% and a 60.9% success rate. Barkley covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Ramelius Resources Limited, and Regis Resources Limited. ;'>

Evolution Mining has an analyst consensus of Moderate Sell, with a price target consensus of $7.70, which is a -14.3% downside from current levels. In a report issued on January 12, Goldman Sachs also maintained a Sell rating on the stock with a A$12.40 price target.

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