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: Minerals Technologies (MTX), Huntsman (HUN) and Hudbay Minerals (HBM)

Tipranks - Tue May 5, 6:52AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Minerals Technologies (MTX), Huntsman (HUN) and Hudbay Minerals (HBM).

Claim 55% Off TipRanks

Minerals Technologies (MTX)

In a report released today, Pete Osterland from Truist Financial maintained a Buy rating on Minerals Technologies, with a price target of $90.00. The company’s shares closed last Friday at $75.96.

According to TipRanks.com, Osterland is a 5-star analyst with an average return of 50.6% and a 86.2% success rate. Osterland covers the Basic Materials sector, focusing on stocks such as Westlake Corporation, Element Solutions, and Chemours Company. ;'>

Currently, the analyst consensus on Minerals Technologies is a Moderate Buy with an average price target of $90.00, a 22.3% upside from current levels. In a report issued on May 1, TipRanks – Google also upgraded the stock to Buy with a $81.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Huntsman (HUN)

In a report released yesterday, Arun Viswanathan from RBC Capital maintained a Hold rating on Huntsman, with a price target of $15.00. The company’s shares closed last Friday at $14.63.

According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of 4.2% and a 53.5% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

Huntsman has an analyst consensus of Hold, with a price target consensus of $12.60, implying a -16.4% downside from current levels. In a report issued on May 1, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $15.00 price target.

Hudbay Minerals (HBM)

RBC Capital analyst Sam Crittenden maintained a Buy rating on Hudbay Minerals on May 1 and set a price target of C$40.00. The company’s shares closed last Friday at $22.80.

According to TipRanks.com, Crittenden is a 5-star analyst with an average return of 26.0% and a 62.3% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Nexa Resources SA, and Solaris Resources. ;'>

Hudbay Minerals has an analyst consensus of Strong Buy, with a price target consensus of $29.90, a 24.7% upside from current levels. In a report issued on April 21, CIBC also maintained a Buy rating on the stock with a C$46.00 price target.

Read More on MTX:

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.