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Analysts Offer Insights on Materials Companies: AgroFresh Solutions (AGFS) and Orica Limited (OtherOCLDF)

Analysts have been eager to weigh in on the Materials sector with new ratings on AgroFresh Solutions (AGFSResearch Report) and Orica Limited (OCLDFResearch Report).

AgroFresh Solutions (AGFS)

In a report released today, Ben Klieve from Lake Street reiterated a Buy rating on AgroFresh Solutions, with a price target of $3.00. The company’s shares closed last Wednesday at $2.73, close to its 52-week high of $2.86.

Klieve has an average return of 21.4% when recommending AgroFresh Solutions.

According to TipRanks.com, Klieve is ranked #442 out of 8037 analysts.

AgroFresh Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.

See Insiders’ Hot Stocks on TipRanks >>

Orica Limited (OCLDF)

J.P. Morgan analyst Anthony Longo maintained a Hold rating on Orica Limited yesterday and set a price target of A$15.60. The company’s shares closed last Monday at $8.55, equals to its 52-week low of $8.55.

According to TipRanks.com, Longo is ranked #6106 out of 8037 analysts.

Currently, the analyst consensus on Orica Limited is a Moderate Buy with an average price target of $10.12, which is a 4.0% upside from current levels. In a report issued on November 7, Credit Suisse also downgraded the stock to Hold with a A$14.55 price target.

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