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Analysts Offer Insights on Materials Companies: Capstone Copper (OtherCSCCF) and Alcoa (AA)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Capstone Copper (CSCCFResearch Report) and Alcoa (AAResearch Report) with bullish sentiments.

Capstone Copper (CSCCF)

Raymond James analyst Farooq Hamed maintained a Buy rating on Capstone Copper on November 25 and set a price target of C$12.00. The company’s shares closed last Wednesday at $6.78.

Hamed has an average return of 7.9% when recommending Capstone Copper.

According to TipRanks.com, Hamed is ranked #8329 out of 9199 analysts.

Currently, the analyst consensus on Capstone Copper is a Strong Buy with an average price target of $9.48, which is a 37.6% upside from current levels. In a report issued on November 22, RBC Capital also maintained a Buy rating on the stock with a C$12.00 price target.

See today’s best-performing stocks on TipRanks >>

Alcoa (AA)

Bank of America Securities analyst Lawson Winder maintained a Buy rating on Alcoa yesterday and set a price target of $58.00. The company’s shares closed last Wednesday at $45.88, close to its 52-week high of $47.44.

According to TipRanks.com, Winder is a 4-star analyst with an average return of 4.1% and a 55.5% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Nexa Resources SA.

Currently, the analyst consensus on Alcoa is a Strong Buy with an average price target of $47.75.

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