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Analysts’ Opinions Are Mixed on These Materials Stocks: Sylvamo Corp (SLVM), Lundin Mining (OtherLUNMF) and AdvanSix (ASIX)

Tipranks - Fri Jun 19, 6:55AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Sylvamo Corp (SLVM), Lundin Mining (LUNMF) and AdvanSix (ASIX).

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Sylvamo Corp (SLVM)

In a report released today, Michael Roxland from Truist Financial maintained a Buy rating on Sylvamo Corp. The company’s shares closed last Wednesday at $39.59.

According to TipRanks.com, Roxland is a 3-star analyst with an average return of 2.7% and a 52.8% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

Sylvamo Corp has an analyst consensus of Moderate Buy, with a price target consensus of $49.00.

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Lundin Mining (LUNMF)

RBC Capital analyst Sam Crittenden reiterated a Hold rating on Lundin Mining yesterday and set a price target of C$47.00. The company’s shares closed last Wednesday at $27.39.

According to TipRanks.com, Crittenden is a 5-star analyst with an average return of 28.2% and a 63.6% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Nexa Resources SA, and Solaris Resources. ;'>

Lundin Mining has an analyst consensus of Moderate Buy, with a price target consensus of $29.75, which is a 1.0% upside from current levels. In a report issued on June 6, TipRanks – Anthropic also downgraded the stock to Hold with a C$41.00 price target.

AdvanSix (ASIX)

Truist Financial analyst Pete Osterland maintained a Hold rating on AdvanSix today. The company’s shares closed last Wednesday at $20.79.

According to TipRanks.com, Osterland is a 5-star analyst with an average return of 33.3% and a 75.4% success rate. Osterland covers the Basic Materials sector, focusing on stocks such as Minerals Technologies, Westlake Corporation, and Element Solutions. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for AdvanSix.

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