Analysts have been eager to weigh in on the Materials sector with new ratings on FMC (FMC) and Mosaic Co (MOS).
FMC (FMC)
KeyBanc analyst Aleksey Yefremov maintained a Buy rating on FMC today and set a price target of $121.00. The company’s shares closed last Tuesday at $104.65, close to its 52-week high of $113.73.
According to TipRanks.com, Yefremov is a 5-star analyst with an average return of 13.0% and a 65.5% success rate. Yefremov covers the Basic Materials sector, focusing on stocks such as Axalta Coating Systems, Eastman Chemical, and Huntsman.
Currently, the analyst consensus on FMC is a Strong Buy with an average price target of $123.27.
See today’s analyst top recommended stocks >>
Mosaic Co (MOS)
In a report released today, Joel Jackson from BMO Capital maintained a Hold rating on Mosaic Co, with a price target of $20.00. The company’s shares closed last Tuesday at $17.19.
According to TipRanks.com, Jackson is a 4-star analyst with an average return of 6.5% and a 60.3% success rate. Jackson covers the Basic Materials sector, focusing on stocks such as Lithium Americas, Orocobre, and Nutrien.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mosaic Co with a $20.46 average price target, implying a 14.0% upside from current levels. In a report issued on October 21, Citigroup also downgraded the stock to Hold with a $20.50 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
