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Analysts’ Opinions Are Mixed on These Materials Stocks: Agnico Eagle (AEM), Archer Daniels Midland (ADM) and Ball (BALL)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Agnico Eagle (AEMResearch Report), Archer Daniels Midland (ADMResearch Report) and Ball (BALLResearch Report).

Agnico Eagle (AEM)

In a report issued on January 30, Josh Wolfson from RBC Capital maintained a Buy rating on Agnico Eagle, with a price target of $60.00. The company’s shares closed last Wednesday at $57.20.

According to TipRanks.com, Wolfson is a 3-star analyst with an average return of 2.1% and a 56.2% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Anglogold Ashanti.

Currently, the analyst consensus on Agnico Eagle is a Strong Buy with an average price target of $63.26, implying a 12.2% upside from current levels. In a report issued on January 19, Canaccord Genuity also maintained a Buy rating on the stock with a C$88.00 price target.

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Archer Daniels Midland (ADM)

In a report issued on January 30, Thomas Palmer from J.P. Morgan maintained a Hold rating on Archer Daniels Midland, with a price target of $87.00. The company’s shares closed last Wednesday at $83.37.

According to TipRanks.com, Palmer is a 3-star analyst with an average return of 9.3% and a 60.7% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Lamb Weston Holdings, Darling Ingredients, and Hormel Foods.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Archer Daniels Midland with a $104.40 average price target.

Ball (BALL)

In a report issued on January 31, Arun Viswanathan from RBC Capital maintained a Hold rating on Ball, with a price target of $52.00. The company’s shares closed last Wednesday at $58.44.

According to TipRanks.com, Viswanathan is a 5-star analyst with an average return of 5.7% and a 59.5% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Ardagh Metal Packaging.

The word on The Street in general, suggests a Hold analyst consensus rating for Ball with a $55.38 average price target, which is a -4.3% downside from current levels. In a report issued on January 31, Atlantic Equities also maintained a Hold rating on the stock with a $54.00 price target.

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