Wall Street Analysts Are Neutral on Top Materials Picks


Analysts fell to the sidelines weighing in on Hecla Mining Company (NYSE:HL) and Superior Energy (NYSE:SPN) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Hecla Mining Company (HL)

BMO Capital analyst Ryan Thompson maintained a Hold rating on Hecla Mining Company today and set a price target of $3. The company’s shares opened today at $2.74, close to its 52-week low of $2.59.

According to TipRanks.com, Thompson is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -9.7% and a 40.7% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, First Majestic Silver, and Fortuna Silver Mines.

Hecla Mining Company has an analyst consensus of Moderate Buy, with a price target consensus of $4.25.

See today’s analyst top recommended stocks >>

Superior Energy (SPN)

BMO Capital analyst Daniel Boyd maintained a Hold rating on Superior Energy today and set a price target of $10. The company’s shares opened today at $8.25, close to its 52-week low of $7.66.

According to TipRanks.com, Boyd ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -9.0% and a 35.8% success rate. Boyd covers the Basic Materials sector, focusing on stocks such as C&J Energy Services Inc, Helmerich & Payne, and National-Oilwell.

Currently, the analyst consensus on Superior Energy is a Moderate Buy with an average price target of $10.88, a 31.9% upside from current levels. In a report issued on October 18, Merrill Lynch also resumed coverage with a Hold rating on the stock with a $11 price target.

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