Analysts Offer Insights on Materials Companies: Sylvamo Corp (SLVM) and Ramaco Resources (METC)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Sylvamo Corp (SLVM) and Ramaco Resources (METC).
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Sylvamo Corp (SLVM)
In a report released today, Keith Hughes from Truist Financial reiterated a Buy rating on Sylvamo Corp, with a price target of $54.00. The company’s shares closed last Monday at $41.17.
According to TipRanks.com, Hughes is a 5-star analyst with an average return of
Sylvamo Corp has an analyst consensus of Moderate Buy, with a price target consensus of $51.50, representing a 25.4% upside. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock.
See today’s best-performing stocks on TipRanks >>
Ramaco Resources (METC)
Goldman Sachs analyst Brian K. Lee reiterated a Hold rating on Ramaco Resources yesterday and set a price target of $15.00. The company’s shares closed last Monday at $15.17.
According to TipRanks.com, Lee is a 4-star analyst with an average return of
Currently, the analyst consensus on Ramaco Resources is a Moderate Buy with an average price target of $23.00, a 54.9% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $17.00 price target.
Read More on SLVM:
