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Analysts Offer Insights on Materials Companies: Mativ Holdings (MATV) and West Fraser Timber Co (WFG)

Tipranks - Tipranks - Sat Feb 14, 6:42AM CST

Analysts have been eager to weigh in on the Materials sector with new ratings on Mativ Holdings (MATV – Research Report) and West Fraser Timber Co (WFG – Research Report).

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Mativ Holdings (MATV)

In a report released today, Daniel Harriman from Sidoti maintained a Hold rating on Mativ Holdings, with a price target of $21.00. The company’s shares closed last Thursday at $14.52.

According to TipRanks.com, Harriman is ranked #8900 out of 12109 analysts.

Currently, the analyst consensus on Mativ Holdings is a Hold with an average price target of $21.00.

See today’s best-performing stocks on TipRanks >>

West Fraser Timber Co (WFG)

RBC Capital analyst Matt McKellar reiterated a Buy rating on West Fraser Timber Co today and set a price target of $87.00. The company’s shares closed last Thursday at $73.37.

According to TipRanks.com, McKellar is a 4-star analyst with an average return of 7.7% and a 55.6% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as Rayonier Advanced Materials, Mercer International, and Clearwater Paper. ;'>

West Fraser Timber Co has an analyst consensus of Strong Buy, with a price target consensus of $78.16, a 2.1% upside from current levels. In a report released yesterday, Scotiabank also maintained a Buy rating on the stock with a $90.00 price target.

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