Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Materials Companies: Freeport-McMoRan (FCX), Gerdau SA (GGB) and RPM International (RPM)

Tipranks - Fri Apr 3, 7:46AM CDT

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).

End of Quarter Sale - 50% Off TipRanks

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 13.4% and a 54.5% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Alpha Metallurgical Resources, First Quantum Minerals, and Rio Tinto Limited. ;'>

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.

See the top stocks recommended by analysts >>

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 2.7% and a 52.1% 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 Strong Buy analyst consensus rating for RPM International with a $125.09 average price target.

Read More on FCX:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.