Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Newmont Mining (NEM – Research Report), Quaker Chemical (KWR – Research Report) and LANXESS (LNXSF – Research Report).
Newmont Mining (NEM)
RBC Capital analyst Josh Wolfson maintained a Hold rating on Newmont Mining on November 7 and set a price target of $60.00. The company’s shares closed last Thursday at $46.41.
According to TipRanks.com, Wolfson is a 1-star analyst with an average return of
Newmont Mining has an analyst consensus of Moderate Buy, with a price target consensus of $54.56, which is a 19.2% upside from current levels. In a report issued on November 2, Scotiabank also maintained a Hold rating on the stock with a $60.00 price target.
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Quaker Chemical (KWR)
In a report issued on November 7, Arun Viswanathan from RBC Capital maintained a Buy rating on Quaker Chemical, with a price target of $190.00. The company’s shares closed last Thursday at $193.91.
According to TipRanks.com, Viswanathan is a 5-star analyst with an average return of
Currently, the analyst consensus on Quaker Chemical is a Moderate Buy with an average price target of $185.00.
LANXESS (LNXSF)
In a report issued on November 9, Martin Roediger from Kepler Capital maintained a Buy rating on LANXESS, with a price target of EUR52.00. The company’s shares closed last Wednesday at $36.33.
According to TipRanks.com, Roediger is ranked #1014 out of 8037 analysts.
Currently, the analyst consensus on LANXESS is a Strong Buy with an average price target of $45.74, implying a 25.9% upside from current levels. In a report issued on November 4, UBS also maintained a Buy rating on the stock with a EUR44.00 price target.
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