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Analysts Offer Insights on Materials Companies: Hudbay Minerals (HBM) and Sylvamo Corp (SLVM)

Tipranks - Tue May 12, 10:04AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Hudbay Minerals (HBM) and Sylvamo Corp (SLVM) with bullish sentiments.

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Hudbay Minerals (HBM)

In a report released today, Lawson Winder from Bank of America Securities maintained a Buy rating on Hudbay Minerals. The company’s shares closed last Monday at $25.97.

According to TipRanks.com, Winder is a 5-star analyst with an average return of 18.1% and a 59.4% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Nexa Resources SA. ;'>

Hudbay Minerals has an analyst consensus of Strong Buy, with a price target consensus of $29.16, which is a 14.6% upside from current levels. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Buy with a C$38.00 price target.

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Sylvamo Corp (SLVM)

Bank of America Securities analyst George Staphos maintained a Buy rating on Sylvamo Corp today. The company’s shares closed last Monday at $42.14.

According to TipRanks.com, Staphos is a 4-star analyst with an average return of 3.1% and a 47.5% success rate. Staphos covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Karat Packaging Inc. ;'>

Currently, the analyst consensus on Sylvamo Corp is a Moderate Buy with an average price target of $51.50, which is a 25.4% upside from current levels. In a report issued on April 26, TipRanks – DeepSeek also upgraded the stock to Buy with a $46.00 price target.

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