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Analysts’ Opinions Are Mixed on These Materials Stocks: Ecolab (ECL), Pilbara Minerals (OtherPILBF) and AIC Mines Limited (OtherIAUFF)

Tipranks - Tue Feb 3, 4:50PM CST

Analysts have been eager to weigh in on the Materials sector with new ratings on Ecolab (ECLResearch Report), Pilbara Minerals (PILBFResearch Report) and AIC Mines Limited (IAUFFResearch Report).

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Ecolab (ECL)

In a report issued on January 30, Joshua Spector from UBS maintained a Hold rating on Ecolab, with a price target of $295.00. The company’s shares closed last Monday at $283.65.

According to TipRanks.com, Spector is a 4-star analyst with an average return of 3.1% and a 53.0% success rate. Spector covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ecolab with a $299.67 average price target, which is a 6.1% upside from current levels. In a report issued on January 23, Erste Group also downgraded the stock to Hold.

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Pilbara Minerals (PILBF)

Morgans analyst Annabelle Sleeman upgraded Pilbara Minerals to Hold today and set a price target of A$4.60. The company’s shares closed last Monday at $3.20.

According to TipRanks.com, Sleeman is a 3-star analyst with an average return of 7.9% and a 50.0% success rate. Sleeman covers the Basic Materials sector, focusing on stocks such as Sandfire Resources Limited, Mineral Resources Limited, and Evolution Mining. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Pilbara Minerals with a $3.03 average price target, implying a 4.1% upside from current levels. In a report issued on January 18, Jarden also downgraded the stock to Hold with a A$2.40 price target.

AIC Mines Limited (IAUFF)

Shaw and Partners analyst Peter Kormendy maintained a Buy rating on AIC Mines Limited today and set a price target of A$0.80. The company’s shares closed last Wednesday at $0.45.

Kormendy has an average return of 31.8% when recommending AIC Mines Limited. ;'>

According to TipRanks.com, Kormendy is ranked #542 out of 12040 analysts.

Currently, the analyst consensus on AIC Mines Limited is a Strong Buy with an average price target of $0.54, implying a 24.1% upside from current levels. In a report issued on January 22, TipRanks – Google also initiated coverage with a Buy rating on the stock with a A$0.67 price target.

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