Analysts Have Conflicting Sentiments on These Materials Companies: Freeport-McMoRan (FCX), Gerdau SA (GGB) and RPM International (RPM)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Freeport-McMoRan (FCX), Gerdau SA (GGB) and RPM International (RPM).
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Freeport-McMoRan (FCX)
In a report released today, Chris LaFemina from Jefferies reiterated a Buy rating on Freeport-McMoRan, with a price target of $76.00. The company’s shares closed last Wednesday at $61.20.
According to TipRanks.com, LaFemina is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Freeport-McMoRan with a $68.64 average price target, which is a 13.0% upside from current levels. In a report issued on March 19, TipRanks – Anthropic also upgraded the stock to Buy with a $64.00 price target.
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Gerdau SA (GGB)
UBS analyst Caio Greiner maintained a Buy rating on Gerdau SA today and set a price target of $4.60. The company’s shares closed last Wednesday at $3.79.
According to TipRanks.com, Greiner is ranked #5585 out of 12128 analysts.
Gerdau SA has an analyst consensus of Moderate Buy, with a price target consensus of $4.60, which is a 22.0% upside from current levels. In a report released yesterday, Itau Unibanco also upgraded the stock to Buy with a $4.60 price target.
RPM International (RPM)
UBS analyst Joshua Spector maintained a Hold rating on RPM International today and set a price target of $108.00. The company’s shares closed last Wednesday at $100.63.
According to TipRanks.com, Spector is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for RPM International with a $125.09 average price target.
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- Goldman Sachs starts Freeport-McMoRan at Buy, sees higher commodity prices
- Freeport-McMoRan initiated with a Buy at Goldman Sachs
- Bearish options flow identified in Freeport McMoRan with shares down 2.82%
- Mixed options sentiment in Freeport McMoRan with shares down 0.18%
- Freeport-McMoRan price target lowered to $66 from $70 at UBS
