Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Vale SA (VALE – Research Report) and Wacker Chemie AG (WKCMF – Research Report).
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Vale SA (VALE)
In a report released today, Amos Fletcher from Barclays maintained a Buy rating on Vale SA, with a price target of $13.80. The company’s shares closed last Thursday at $11.03.
Fletcher has an average return of
According to TipRanks.com, Fletcher is ranked #3531 out of 10083 analysts.
Currently, the analyst consensus on Vale SA is a Moderate Buy with an average price target of $12.57.
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Wacker Chemie AG (WKCMF)
In a report released today, Sebastian Bray from Berenberg Bank maintained a Hold rating on Wacker Chemie AG, with a price target of EUR68.00. The company’s shares closed last Tuesday at $78.26.
According to TipRanks.com, Bray is a 1-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Wacker Chemie AG with a $78.95 average price target, implying a 0.9% upside from current levels. In a report issued on October 7, Citi also downgraded the stock to Hold with a EUR71.00 price target.
Read More on VALE:
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