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Analysts Offer Insights on Materials Companies: Air Products and Chemicals (APD), Arizona Metals (OtherAZMCF) and Eldorado Gold (EGO)

Tipranks - Sat May 2, 10:04AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Air Products and Chemicals (APD), Arizona Metals (AZMCF) and Eldorado Gold (EGO).

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Air Products and Chemicals (APD)

Evercore ISI analyst Eric Boyes maintained a Buy rating on Air Products and Chemicals today and set a price target of $325.00. The company’s shares closed last Friday at $303.50.

According to TipRanks.com, Boyes is a 2-star analyst with an average return of 2.0% and a 41.0% success rate. Boyes covers the Basic Materials sector, focusing on stocks such as RPM International, Eastman Chemical, and LyondellBasell. ;'>

Currently, the analyst consensus on Air Products and Chemicals is a Moderate Buy with an average price target of $327.60, a 7.8% upside from current levels. In a report issued on April 17, Berenberg Bank also upgraded the stock to Buy with a $350.00 price target.

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Arizona Metals (AZMCF)

Stifel Nicolaus analyst Cole McGill maintained a Buy rating on Arizona Metals today and set a price target of C$1.50. The company’s shares closed last Friday at $0.21.

According to TipRanks.com, McGill is a 5-star analyst with an average return of 29.2% and a 52.2% success rate. McGill covers the Basic Materials sector, focusing on stocks such as Goliath Resources, Lithium Argentina, and GoGold Resources. ;'>

Currently, the analyst consensus on Arizona Metals is a Moderate Buy with an average price target of $0.55.

Eldorado Gold (EGO)

Stifel Nicolaus analyst Ralph M. Profiti maintained a Hold rating on Eldorado Gold today and set a price target of C$65.00. The company’s shares closed last Friday at $29.69.

According to TipRanks.com, Profiti is a 5-star analyst with an average return of 23.0% and a 57.9% success rate. Profiti covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Osisko Development, and G Mining Ventures. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Eldorado Gold with a $50.32 average price target, representing a 65.5% upside. In a report issued on April 16, TipRanks – OpenAI also downgraded the stock to Hold with a C$52.00 price target.

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