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Analysts Offer Insights on Materials Companies: Ramaco Resources (METC) and Wacker Chemie AG (OtherWKCMF)

Tipranks - Tipranks - Fri Apr 10, 3:00AM CDT

Analysts fell to the sidelines weighing in on Ramaco Resources (METC) and Wacker Chemie AG (WKCMF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Ramaco Resources (METC)

In a report released today, Carlos De Alba from Morgan Stanley maintained a Hold rating on Ramaco Resources, with a price target of $17.00. The company’s shares closed last Wednesday at $14.14.

According to TipRanks.com, Alba is a 5-star analyst with an average return of 17.0% and a 58.0% success rate. Alba covers the Basic Materials sector, focusing on stocks such as Compania de Minas Buenaventura SAA, Novagold Resources New, and Nexa Resources SA. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ramaco Resources with a $24.20 average price target, implying a 55.5% upside from current levels. In a report issued on March 27, TipRanks – Anthropic also upgraded the stock to Hold with a $13.50 price target.

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Wacker Chemie AG (WKCMF)

Deutsche Bank analyst Tristan Lamotte maintained a Hold rating on Wacker Chemie AG today and set a price target of EUR76.00. The company’s shares closed last Wednesday at $103.75.

According to TipRanks.com, Lamotte is ranked #10448 out of 12128 analysts.

Currently, the analyst consensus on Wacker Chemie AG is a Hold with an average price target of $91.16, a -8.9% downside from current levels. In a report issued on March 31, Kepler Capital also maintained a Hold rating on the stock with a EUR87.00 price target.

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