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TipRanksStock Market NewsRKDA NewsAnalysts Offer Insights on Materials Companies: Arcadia Biosciences (RKDA) and Sierra Metals (SMTS)
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Analysts Offer Insights on Materials Companies: Arcadia Biosciences (RKDA) and Sierra Metals (SMTS)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Arcadia Biosciences (RKDAResearch Report) and Sierra Metals (SMTSResearch Report) with bullish sentiments.

Arcadia Biosciences (RKDA)

In a report released today, Ben Klieve from Lake Street reiterated a Buy rating on Arcadia Biosciences, with a price target of $3.50. The company’s shares closed last Thursday at $0.85, close to its 52-week low of $0.74.

According to TipRanks.com, Klieve is ranked #369 out of 7855 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arcadia Biosciences with a $3.75 average price target.

See the top stocks recommended by analysts >>

Sierra Metals (SMTS)

In a report released today, Mark Reichman from Noble Financial maintained a Buy rating on Sierra Metals, with a price target of $2.75. The company’s shares closed last Thursday at $0.81, close to its 52-week low of $0.77.

According to TipRanks.com, Reichman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.9% and a 31.6% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Alliance Resource, Endeavour Silver, and Comstock Mining.

Sierra Metals has an analyst consensus of Moderate Buy, with a price target consensus of $2.31, representing a 192.4% upside. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $3.50 price target.

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