This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Wall Street Analysts Are Neutral on Top Materials Picks

Tipranks - Tipranks - Fri Jun 19, 5:02AM CDT

Analysts fell to the sidelines weighing in on Steel Dynamics (STLD), FMC (FMC) and Sasol (SASOF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Claim 55% Off TipRanks

Steel Dynamics (STLD)

Bank of America Securities analyst Lawson Winder reiterated a Hold rating on Steel Dynamics today and set a price target of $280.00. The company’s shares closed last Wednesday at $270.13.

According to TipRanks.com, Winder is a 5-star analyst with an average return of 16.2% and a 56.5% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Pan American Silver, Freeport-McMoRan, and Cleveland-Cliffs. ;'>

Steel Dynamics has an analyst consensus of Moderate Buy, with a price target consensus of $256.33, representing a -5.9% downside. In a report issued on June 10, J.P. Morgan also maintained a Hold rating on the stock with a $262.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

FMC (FMC)

In a report released today, Matthew DeYoe from Bank of America Securities maintained a Hold rating on FMC, with a price target of $19.00. The company’s shares closed last Wednesday at $11.98.

According to TipRanks.com, DeYoe is a 4-star analyst with an average return of 10.3% and a 66.3% success rate. DeYoe covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

FMC has an analyst consensus of Hold, with a price target consensus of $16.73, which is a 40.7% upside from current levels. In a report issued on June 10, Wells Fargo also maintained a Hold rating on the stock with a $17.00 price target.

Sasol (SASOF)

Bank of America Securities analyst Sashank Lanka reiterated a Hold rating on Sasol today and set a price target of R$200.00. The company’s shares closed last Monday at $10.56.

According to TipRanks.com, Lanka is ranked #11031 out of 12315 analysts.

Currently, the analyst consensus on Sasol is a Hold with an average price target of $12.25.

Read More on STLD:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).