Blurbs

Analysts Offer Insights on Materials Companies: AptarGroup (ATR), Methanex (MEOH) and Pilgrim’s Pride (PPC)

There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on AptarGroup (ATRResearch Report), Methanex (MEOHResearch Report) and Pilgrim’s Pride (PPCResearch Report) with bullish sentiments.

AptarGroup (ATR)

In a report released today, Mark Wilde from BMO Capital maintained a Buy rating on AptarGroup, with a price target of $135.00. The company’s shares closed last Friday at $100.63.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 8.9% and a 57.6% success rate. Wilde covers the Basic Materials sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and West Fraser Timber Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AptarGroup with a $115.80 average price target, implying a 13.6% upside from current levels. In a report issued on October 13, Bank of America Securities also maintained a Buy rating on the stock with a $112.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Methanex (MEOH)

In a report released today, Joel Jackson from BMO Capital maintained a Buy rating on Methanex, with a price target of C$60.00. The company’s shares closed last Friday at $34.41.

According to TipRanks.com, Jackson is a 5-star analyst with an average return of 16.2% and a 64.2% success rate. Jackson covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Sociedad Quimica Y Minera SA, and AgroFresh Solutions.

Methanex has an analyst consensus of Moderate Buy, with a price target consensus of $43.90.

Pilgrim’s Pride (PPC)

In a report released today, Kenneth Zaslow from BMO Capital maintained a Buy rating on Pilgrim’s Pride, with a price target of $36.00. The company’s shares closed last Friday at $23.45.

According to TipRanks.com, Zaslow is a 5-star analyst with an average return of 10.0% and a 67.2% success rate. Zaslow covers the Consumer Goods sector, focusing on stocks such as The Hershey Company, Darling Ingredients, and Post Holdings.

Currently, the analyst consensus on Pilgrim’s Pride is a Moderate Buy with an average price target of $30.60, representing a 31.7% upside. In a report issued on October 25, Barclays also maintained a Buy rating on the stock with a $29.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on ATR:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More