Wall Street Analysts Are Bullish on Top Materials Picks

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Sealed Air (SEEResearch Report) and Defense Metals (DFMTFResearch Report) with bullish sentiments.

Sealed Air (SEE)

In a report released yesterday, Philip Ng from Jefferies maintained a Buy rating on Sealed Air, with a price target of $66.00. The company’s shares closed last Tuesday at $53.95.

Ng has an average return of 29.5% when recommending Sealed Air.

According to, Ng is ranked #286 out of 8284 analysts.

Sealed Air has an analyst consensus of Moderate Buy, with a price target consensus of $57.33.

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Defense Metals (DFMTF)

In a report released today, Mark Reichman from Noble Financial maintained a Buy rating on Defense Metals, with a price target of $0.70. The company’s shares closed last Tuesday at $0.24.

According to, Reichman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.3% and a 34.4% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Alliance Resource, Endeavour Silver, and Comstock Mining.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Defense Metals with a $0.70 average price target.

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