Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Southern Copper (NYSE:SCCO) and Southwestern Energy (NYSE:SWN).
Southern Copper (SCCO)
In a report released today, Alfonso Salazar from Scotiabank reiterated a Sell rating on Southern Copper, with a price target of $40. The company’s shares opened today at $47.19.
Salazar has an average return of 0.8% when recommending Southern Copper.
According to TipRanks.com, Salazar is ranked #2523 out of 4846 analysts.
Southern Copper has an analyst consensus of Moderate Sell, with a price target consensus of $45.25.
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Southwestern Energy (SWN)
In a report released today, Holly Stewart from Scotiabank reiterated a Hold rating on Southwestern Energy, with a price target of $7. The company’s shares opened today at $5.09.
According to TipRanks.com, Stewart is ranked #4692 out of 4846 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Southwestern Energy with a $6.07 average price target.
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