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Analysts’ Opinions Are Mixed on These Materials Stocks: MAG Silver (MAG) and Silgan Holdings (SLGN)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on MAG Silver (MAGResearch Report) and Silgan Holdings (SLGNResearch Report).

MAG Silver (MAG)

BMO Capital analyst Ryan Thompson maintained a Hold rating on MAG Silver today and set a price target of C$20.50. The company’s shares closed last Wednesday at $13.10.

According to TipRanks.com, Thompson is a 3-star analyst with an average return of 4.4% and a 37.1% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Fortuna Silver Mines, and Torex Gold Resources.

Currently, the analyst consensus on MAG Silver is a Strong Buy with an average price target of $19.32.

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

Silgan Holdings (SLGN)

BMO Capital analyst Mark Wilde maintained a Buy rating on Silgan Holdings today and set a price target of $52.00. The company’s shares closed last Wednesday at $46.84, close to its 52-week high of $47.47.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 13.3% and a 63.9% success rate. Wilde covers the Basic Materials sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and West Fraser Timber Co.

Silgan Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $51.00.

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