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Wall Street Analysts Are Neutral on Top Materials Picks

Tipranks - Wed Jan 21, 4:32AM CST

Analysts fell to the sidelines weighing in on James Hardie Industries PLC (JHXResearch Report) and Alpha Metallurgical Resources (AMRResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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James Hardie Industries PLC (JHX)

Barclays analyst Matthew Bouley maintained a Hold rating on James Hardie Industries PLC on January 16 and set a price target of $21.00. The company’s shares closed last Friday at $23.66.

According to TipRanks.com, Bouley is a 5-star analyst with an average return of 15.2% and a 63.3% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, Advanced Drainage Systems, and SiteOne Landscape Supply. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for James Hardie Industries PLC with a $25.27 average price target, representing a 5.3% upside. In a report issued on January 16, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $26.00 price target.

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Alpha Metallurgical Resources (AMR)

Jefferies analyst Chris LaFemina maintained a Hold rating on Alpha Metallurgical Resources yesterday and set a price target of $205.00. The company’s shares closed last Friday at $240.82.

According to TipRanks.com, LaFemina is a 5-star analyst with an average return of 13.9% and a 55.4% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Algoma Steel Group, and Cleveland-Cliffs. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Alpha Metallurgical Resources with a $205.00 average price target, implying a -16.4% downside from current levels. In a report issued on January 13, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $247.00 price target.

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