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Analysts Offer Insights on Materials Companies: TRONOX (TROX) and Capitan Silver (OtherCAPTF)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on TRONOX (TROX) and Capitan Silver (CAPTF) with bullish sentiments.

TRONOX (TROX)

In a report issued on May 6, Duffy Fischer from Goldman Sachs maintained a Buy rating on TRONOX, with a price target of $8.00. The company’s shares closed last Friday at $8.94, close to its 52-week low of $6.64.

According to TipRanks.com, Fischer is a 4-star analyst with an average return of 11.0% and a 57.4% success rate. Fischer covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and Cf Industries Holdings.

Currently, the analyst consensus on TRONOX is a Hold with an average price target of $8.13, implying a -5.4% downside from current levels. In a report issued on May 6, Alembic Global also maintained a Buy rating on the stock with a $11.00 price target.

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Capitan Silver (CAPTF)

In a report released today, Ben Pirie from Atrium Research maintained a Buy rating on Capitan Silver, with a price target of C$3.50. The company’s shares closed last Friday at $1.26.

According to TipRanks.com, Pirie is a top 100 analyst with an average return of 66.3% and a 64.4% success rate. Pirie covers the Basic Materials sector, focusing on stocks such as Spanish Mountain Gold, Nevada King Gold Corp, and Amerigo Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Capitan Silver with a $2.58 average price target.

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