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 Offer Insights on Materials Companies: Vulcan Materials (VMC) and Perpetua Resources (PPTA)

Tipranks - Wed Jun 3, 6:20AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Vulcan Materials (VMC) and Perpetua Resources (PPTA).

Claim 55% Off TipRanks

Vulcan Materials (VMC)

J.P. Morgan analyst Adrian Huerta maintained a Hold rating on Vulcan Materials yesterday and set a price target of $320.00. The company’s shares closed last Monday at $281.56.

According to TipRanks.com, Huerta is a 4-star analyst with an average return of 14.3% and a 56.0% success rate. Huerta covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Knife River Corporation, and Cementos Pacasmayo SAA. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vulcan Materials with a $324.55 average price target, representing a 16.5% upside. In a report issued on May 28, Oppenheimer also initiated coverage with a Hold rating on the stock.

See today’s best-performing stocks on TipRanks >>

Perpetua Resources (PPTA)

Roth MKM analyst Mike Niehuser maintained a Buy rating on Perpetua Resources today and set a price target of $32.00. The company’s shares closed last Monday at $25.74.

According to TipRanks.com, Niehuser is a 5-star analyst with an average return of 44.3% and a 59.6% success rate. Niehuser covers the Basic Materials sector, focusing on stocks such as Tanzanian Royalty Exploration, Idaho Strategic Resources, and American Resources. ;'>

Perpetua Resources has an analyst consensus of Strong Buy, with a price target consensus of $38.53, which is a 48.3% upside from current levels. In a report issued on May 25, BMO Capital also maintained a Buy rating on the stock with a C$47.00 price target.

Read More on VMC:

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.