B.Riley FBR Thinks US Silica Holdings’ Stock is Going to Recover


B.Riley FBR analyst Lucas Pipes maintained a Buy rating on US Silica Holdings (NYSE: SLCA) today and set a price target of $26. The company’s shares closed yesterday at $20.04, close to its 52-week low of $19.86.

According to TipRanks.com, Pipes is a 4-star analyst with an average return of 6.4% and a 61.0% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, Newmont Mining Corporation, and Novagold Resources Inc New.

US Silica Holdings has an analyst consensus of Strong Buy, with a price target consensus of $33, which is a 64.7% upside from current levels. In a report issued on August 27, R.F. Lafferty also maintained a Buy rating on the stock with a $37 price target.

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The company has a one-year high of $38.70 and a one-year low of $19.86. Currently, US Silica Holdings has an average volume of 2.19M.

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U.S. Silica Holdings, Inc. provides commercial silica products. It operates through Oil and Gas Proppants, and Industrial and Specialty Products segments.

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