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Analysts Offer Insights on Materials Companies: Chemours Company (CC) and Clariant AG (OtherCLZNF)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Chemours Company (CCResearch Report) and Clariant AG (CLZNFResearch Report) with bullish sentiments.

Chemours Company (CC)

RBC Capital analyst Arun Viswanathan maintained a Buy rating on Chemours Company on May 17 and set a price target of $48.00. The company’s shares closed last Wednesday at $41.35, close to its 52-week high of $42.85.

According to TipRanks.com, Viswanathan is a 5-star analyst with an average return of 7.3% and a 59.4% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Ardagh Metal Packaging, and Axalta Coating Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chemours Company with a $44.64 average price target, implying a 5.6% upside from current levels. In a report issued on May 2, Alembic Global also maintained a Buy rating on the stock with a $40.00 price target.

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

Clariant AG (CLZNF)

In a report issued on May 17, Christian Faitz from Kepler Capital maintained a Buy rating on Clariant AG, with a price target of CHF22.00. The company’s shares closed last Monday at $16.80.

According to TipRanks.com, Faitz is ranked #141 out of 7901 analysts.

Currently, the analyst consensus on Clariant AG is a Moderate Buy with an average price target of $20.65.

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