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Analysts’ Opinions Are Mixed on These Materials Stocks: Eldorado Gold (EGO), Avantor (AVTR) and Boise Cascade (BCC)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Eldorado Gold (EGOResearch Report), Avantor (AVTRResearch Report) and Boise Cascade (BCCResearch Report).

Eldorado Gold (EGO)

In a report released today, Ingrid Rico from Stifel Nicolaus maintained a Hold rating on Eldorado Gold, with a price target of C$19.50. The company’s shares closed last Friday at $15.20, close to its 52-week high of $16.07.

According to TipRanks.com, Rico is a 4-star analyst with an average return of 3.8% and a 55.8% success rate. Rico covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Sandstorm Gold.

The word on The Street in general, suggests a Hold analyst consensus rating for Eldorado Gold with a $14.54 average price target, implying a -4.2% downside from current levels. In a report issued on April 23, Canaccord Genuity also maintained a Hold rating on the stock with a C$23.00 price target.

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Avantor (AVTR)

Stifel Nicolaus analyst Daniel Arias maintained a Buy rating on Avantor today and set a price target of $27.00. The company’s shares closed last Friday at $23.94.

According to TipRanks.com, Arias ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -10.2% and a 37.1% success rate. Arias covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Guardant Health, and Mettler-Toledo.

Avantor has an analyst consensus of Strong Buy, with a price target consensus of $28.00, a 17.1% upside from current levels. In a report issued on April 17, Bank of America Securities also maintained a Buy rating on the stock.

Boise Cascade (BCC)

In a report released today, Michael Roxland from Truist Financial maintained a Buy rating on Boise Cascade. The company’s shares closed last Friday at $139.42.

According to TipRanks.com, Roxland is a 4-star analyst with an average return of 7.0% and a 60.6% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Berry Global Group.

Currently, the analyst consensus on Boise Cascade is a Hold with an average price target of $142.25.

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