Analysts have been eager to weigh in on the Materials sector with new ratings on Commercial Metals Company (CMC – Research Report), James Hardie (JHX – Research Report) and Mineral Resources Limited (MALRF – Research Report).
Commercial Metals Company (CMC)
In a report released today, Lawson Winder from Bank of America Securities reiterated a Buy rating on Commercial Metals Company, with a price target of $70.00. The company’s shares closed last Tuesday at $58.13, close to its 52-week high of $59.81.
According to TipRanks.com, Winder is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Commercial Metals Company with a $65.00 average price target.
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James Hardie (JHX)
In a report released today, Shaurya Visen from Bank of America Securities maintained a Sell rating on James Hardie. The company’s shares closed last Tuesday at $38.70, close to its 52-week high of $41.98.
Visen has an average return of
According to TipRanks.com, Visen is ranked #4140 out of 8796 analysts.
The the analyst consensus on James Hardie is currently a Moderate Sell rating.
Mineral Resources Limited (MALRF)
Mineral Resources Limited received a Hold rating and a A$74.00 price target from J.P. Morgan analyst Lyndon Fagan on April 4. The company’s shares closed last Thursday at $43.72.
According to TipRanks.com, Fagan is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Mineral Resources Limited with a $43.15 average price target.
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Read More on CMC:
- Commercial Metals price target raised to $60 from $52 at BMO Capital
- Commercial Metals Company Showcases Q2 Fiscal 2024 Performance
- Commercial Metals says adjusted EBITDA to approach breakeven levels during Q3
- Commercial Metals reports Q2 adjusted EPS 88c, consensus 73c
- CMC Reports Second Quarter Fiscal 2024 Results