Royal Bank Of Canada Sticks With Outperform Rating on Solstice Advanced Mat

Solstice Advanced Mat's (NASDAQ:SOLS) stock has been reaffirmed as an 'outperform' by Royal Bank Of Canada. The analysts have a $82.00 price target, indicating a potential upside of 46.40% from the previous close.

This is not the first positive assessment for SOLS. BMO Capital Markets cut their target from $101.00 to $90.00 but still gave an 'outperform' rating. UBS Group increased its price objective from $78.00 to $80.00 and gave a 'buy' rating.

Other analysts, however, have expressed more cautious views. Zacks Research downgraded SOLS from 'strong-buy' to 'hold.' Nevertheless, the stock has an average rating of 'Moderate Buy' with eight analysts recommending a 'buy' and four suggesting a 'hold.'