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Analysts Offer Insights on Materials Companies: Olin (OLN) and SSR Mining (SSRM)

Tipranks - Tipranks - Tue Feb 3, 8:33AM CST

Analysts have been eager to weigh in on the Materials sector with new ratings on Olin (OLN – Research Report) and SSR Mining (SSRM – Research Report).

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Olin (OLN)

In a report released today, Matthew DeYoe from Bank of America Securities maintained a Buy rating on Olin, with a price target of $25.00. The company’s shares closed last Friday at $20.81.

According to TipRanks.com, DeYoe is a 4-star analyst with an average return of 8.3% and a 65.2% success rate. DeYoe covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

Currently, the analyst consensus on Olin is a Hold with an average price target of $22.90, representing a 6.9% upside. In a report issued on January 29, Alembic Global also maintained a Buy rating on the stock with a $30.00 price target.

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SSR Mining (SSRM)

In a report released today, Lawson Winder from Bank of America Securities maintained a Sell rating on SSR Mining. The company’s shares closed last Friday at $22.83.

According to TipRanks.com, Winder is a 5-star analyst with an average return of 20.6% and a 60.4% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Nexa Resources SA. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SSR Mining with a $31.12 average price target.

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