Analysts Offer Insights on Materials Companies: Fletcher Building Limited (OtherFRCEF) and Rayonier Advanced Materials (RYAM)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Fletcher Building Limited (FRCEF) and Rayonier Advanced Materials (RYAM).
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Fletcher Building Limited (FRCEF)
In a report released today, Phil Campbell from UBS maintained a Hold rating on Fletcher Building Limited. The company’s shares closed last Tuesday at $1.63, close to its 52-week low of $1.53.
According to TipRanks.com, Campbell is ranked #9662 out of 12196 analysts.
Fletcher Building Limited has an analyst consensus of Hold, with a price target consensus of $1.98.
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Rayonier Advanced Materials (RYAM)
In a report released yesterday, Matt McKellar from RBC Capital maintained a Buy rating on Rayonier Advanced Materials, with a price target of $14.00. The company’s shares closed last Thursday at $9.86, close to its 52-week high of $10.28.
According to TipRanks.com, McKellar is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rayonier Advanced Materials with a $14.00 average price target.
Read More on FRCEF:
Disclaimer & DisclosureReport an Issue
- Fletcher Building Sees Early Volume Recovery but Flags Geopolitical Cost Pressures
- Fletcher Building Reports Executive Share Vesting in Ongoing Disclosures
- Fletcher Building Seeks ASX Quotation for New Employee Scheme Shares
- Allan Gray Lifts Stake in Fletcher Building After Amended Holding Notice
- Allan Gray Lifts Stake in Fletcher Building to Nearly 20%
