RBC Capital Sticks to Their Hold Rating for Sylvamo Corp (SLVM)
In a report released on May 9, Matt McKellar from RBC Capital reiterated a Hold rating on Sylvamo Corp (SLVM – Research Report), with a price target of $61.00. The company’s shares closed last Friday at $52.64.
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According to TipRanks, McKellar is a 2-star analyst with an average return of 0.6% and a 34.13% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as Clearwater Paper, Mercer International, and Rayonier Advanced Materials.
Sylvamo Corp has an analyst consensus of Hold, with a price target consensus of $81.50.
The company has a one-year high of $98.02 and a one-year low of $51.60. Currently, Sylvamo Corp has an average volume of 416.7K.
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