Industrias Penoles SAB de CV received a Hold rating and price target from Morgan Stanley analyst Carlos De Alba today. The company’s shares closed yesterday at $40.77.
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De Alba covers the Basic Materials sector, focusing on stocks such as Teck Resources, Freeport-McMoRan, and MP Materials. According to TipRanks, De Alba has an average return of 14.2% and a 54.63% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Industrias Penoles SAB de CV.
Based on Industrias Penoles SAB de CV’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.89 billion and a net profit of $95.38 million. In comparison, last year the company earned a revenue of $1.52 billion and had a net profit of $105.77 million
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