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Analysts Offer Insights on Materials Companies: Cf Industries Holdings (CF) and Hudbay Minerals (HBM)

Tipranks - Fri Jun 5, 3:56AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Cf Industries Holdings (CF) and Hudbay Minerals (HBM) with bullish sentiments.

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Cf Industries Holdings (CF)

In a report released today, Benjamin Theurer from Barclays maintained a Buy rating on Cf Industries Holdings, with a price target of $145.00. The company’s shares closed last Wednesday at $116.60.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.0% and a 52.3% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Cf Industries Holdings with a $130.27 average price target, a 14.3% upside from current levels. In a report issued on May 21, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $148.00 price target.

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Hudbay Minerals (HBM)

The company’s shares closed last Wednesday at $30.33.

According to TipRanks.com, Garchitorena is a 4-star analyst with an average return of 12.4% and a 65.1% success rate. Garchitorena covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Cleveland-Cliffs, and Freeport-McMoRan. ;'>

Hudbay Minerals has an analyst consensus of Strong Buy, with a price target consensus of $30.51, a -3.1% downside from current levels. In a report issued on May 30, TipRanks – Anthropic also upgraded the stock to Buy with a C$44.00 price target.

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