Analysts Weigh In on Materials Companies: SCCO, FRESNILLO, and WBRBF
Analysts have weighed in on several materials companies, including Southern Copper (SCCO), FRESNILLO (FNLPF), and Wienerberger AG (WBRBF).
Richard Garchitorena from Barclays maintained a Sell rating on SCCO with a price target of $166.00. The company's shares closed last Wednesday at $195.48.
Garchitorena has an average return of 9.4% and a 60.4% success rate, according to TipRanks.com. He covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Cleveland-Cliffs, and Freeport-McMoRan.
SCCO has a Strong Sell consensus among analysts with a price target of $154.08, representing a -18.0% downside from current levels.
Berenberg Bank analyst Richard Hatch reiterated a Hold rating on FRESNILLO today and set a price target of p3300.00. The company's shares closed last Wednesday at $35.45.
Hatch is a 5-star analyst with an average return of 24.7% and a 60.3% success rate, according to TipRanks.com. He covers the Basic Materials sector, focusing on stocks such as Valterra Platinum Limited, Wheaton Precious Metals, and Resolute Mining.
FRESNILLO has a Hold consensus among analysts with a price target of $45.39, representing a 30.2% upside from current levels.
Julian Radlinger from UBS maintained a Sell rating on Wienerberger AG, with a price target of EUR18.00. The company's shares closed last Tuesday at $25.00.