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Analysts’ Opinions Are Mixed on These Materials Stocks: FRESNILLO (OtherFNLPF) and Wacker Chemie AG (OtherWKCMF)

Tipranks - Tipranks - Thu Mar 5, 3:34AM CST

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on FRESNILLO (FNLPF – Research Report) and Wacker Chemie AG (WKCMF – Research Report).

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FRESNILLO (FNLPF)

UBS analyst Daniel Major maintained a Hold rating on FRESNILLO today and set a price target of p4000.00. The company’s shares closed last Tuesday at $50.85.

According to TipRanks.com, Major is a 5-star analyst with an average return of 29.8% and a 72.3% success rate. Major covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Freeport-McMoRan, and Newmont Mining. ;'>

FRESNILLO has an analyst consensus of Hold, with a price target consensus of $50.38, implying a -5.7% downside from current levels. In a report issued on February 27, RBC Capital also maintained a Hold rating on the stock with a p3200.00 price target.

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Wacker Chemie AG (WKCMF)

J.P. Morgan analyst Chetan Udeshi maintained a Sell rating on Wacker Chemie AG today. The company’s shares closed last Tuesday at $83.00.

Udeshi has an average return of 0.6% when recommending Wacker Chemie AG. ;'>

According to TipRanks.com, Udeshi is ranked #10613 out of 12144 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Wacker Chemie AG with a $87.03 average price target.

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