Tag: ASH

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Sandstorm Gold (SAND – Research Report) and Ashland (ASH – Research Report) with bullish sentiments.

Sandstorm Gold (SAND)

In a report released today, Ingrid Rico from Stifel Nicolaus maintained a Buy rating on Sandstorm Gold, with a price target of C$11.00. The company’s shares closed last Friday at $5.77.

According to TipRanks.com, Rico is a 4-star analyst with an average return of 8.7% and a 59.0% success rate. Rico covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Franco-Nevada.

Sandstorm Gold has an analyst consensus of Strong Buy, with a price target consensus of $7.36, implying a 18.9% upside from current levels. In a report issued on October 28, RBC Capital also maintained a Buy rating on the stock with a $6.50 price target.

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Ashland (ASH)

Seaport Global analyst Michael Harrison CFA maintained a Buy rating on Ashland today and set a price target of $105.00. The company’s shares closed last Friday at $80.96.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 7.3% and a 64.7% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

Currently, the analyst consensus on Ashland is a Strong Buy with an average price target of $102.40, a 26.7% upside from current levels. In a report issued on November 6, Mizuho Securities also maintained a Buy rating on the stock.

Read More on SAND:

• Sandstorm Gold Ltd. Reports Record Margins in Q3 2024
• Sandstorm Gold price target raised to C$10 from C$9.50 at CIBC
• Sandstorm Gold Achieves Record Margins Amidst Strong Commodity Prices
• Sandstorm Gold’s Revenue Rises Amid Record Margins
• Sandstorm Gold reports Q3 revenue $44.7M, consensus $44.9M