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Analysts Offer Insights on Materials Companies: Umicore SA (GB:0RUY) and Vallourec (GB:0NR2)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Umicore SA (GB:0RUYResearch Report) and Vallourec (GB:0NR2Research Report) with bullish sentiments.

Umicore SA (GB:0RUY)

Kepler Capital analyst Martin Roediger maintained a Buy rating on Umicore SA on May 16 and set a price target of EUR26.00. The company’s shares closed last Friday at EUR19.50.

According to TipRanks.com, Roediger is a 4-star analyst with an average return of 10.1% and a 57.7% success rate. Roediger covers the Basic Materials sector, focusing on stocks such as Air Liquide, LANXESS, and Linde.

Umicore SA has an analyst consensus of Moderate Sell, with a price target consensus of EUR20.71.

See Insiders’ Hot Stocks on TipRanks >>

Vallourec (GB:0NR2)

In a report issued on May 16, Kevin Roger from Kepler Capital maintained a Buy rating on Vallourec, with a price target of EUR22.00. The company’s shares closed last Friday at EUR16.48, close to its 52-week low of EUR11.21.

Roger has an average return of 33.5% when recommending Vallourec.

According to TipRanks.com, Roger is ranked #391 out of 8867 analysts.

Currently, the analyst consensus on Vallourec is a Moderate Buy with an average price target of EUR22.00.

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