Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Commercial Metals Company (CMC – Research Report) and Avantor (AVTR – Research Report).
Commercial Metals Company (CMC)
In a report released today, Emily Chieng from Goldman Sachs maintained a Hold rating on Commercial Metals Company, with a price target of $53.00. The company’s shares closed last Tuesday at $51.35, close to its 52-week high of $52.27.
According to TipRanks.com, Chieng is a 4-star analyst with an average return of
Commercial Metals Company has an analyst consensus of Hold, with a price target consensus of $50.20, implying a -1.1% downside from current levels. In a report issued on January 4, Bank of America Securities also initiated coverage with a Hold rating on the stock with a $55.00 price target.
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In a report released today, Timothy Daley from Wells Fargo maintained a Buy rating on Avantor, with a price target of $25.00. The company’s shares closed last Tuesday at $21.66.
According to TipRanks.com, Daley is a 2-star analyst with an average return of
Avantor has an analyst consensus of Strong Buy, with a price target consensus of $26.42.
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Read More on CMC:
- Commercial Metals reports Q1 EPS $2.20, consensus $1.96
- Commercial Metals Company Reports First Quarter Fiscal 2023 Results
- Commercial Metals Company Announces Quarterly Dividend of $0.16 Per Share
- Commercial Metals reinstated with a Neutral at BofA
- Commercial Metals selects West Virginia as site of fourth micro mill