Analysts Offer Insights on Materials Companies: St. Barbara Ltd. (OtherSTBMF), Reliance Steel (RS) and Nutrien (NTR)

Analysts have been eager to weigh in on the Materials sector with new ratings on St. Barbara Ltd. (STBMF – Research Report), Reliance Steel (RS – Research Report) and Nutrien (NTR – Research Report).

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St. Barbara Ltd. (STBMF)

In a report released yesterday, Andrew Richards CFA from Petra Capital maintained a Buy rating on St. Barbara Ltd., with a price target of A$0.67. The company’s shares closed last Tuesday at $0.16.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for St. Barbara Ltd. with a $0.31 average price target.

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Reliance Steel (RS)

In a report released yesterday, Lawson Winder from Bank of America Securities maintained a Hold rating on Reliance Steel, with a price target of $325.00. The company’s shares closed last Wednesday at $293.62.

According to TipRanks.com, Winder is a 3-star analyst with an average return of 3.1% and a 53.2% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, United States Steel, and Pan American Silver.

Currently, the analyst consensus on Reliance Steel is a Moderate Buy with an average price target of $331.00.

Nutrien (NTR)

In a report released today, Benjamin Theurer from Barclays maintained a Hold rating on Nutrien, with a price target of $56.00. The company’s shares closed last Wednesday at $52.45.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 3.7% and a 52.6% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Coca Cola Femsa SAB De CV, Wal-Mart de Mexico, and Gruma SAB de CV.

Nutrien has an analyst consensus of Moderate Buy, with a price target consensus of $58.71.

Read More on STBMF:

• St. Barbara Ltd. Reports Decrease in Revenue and Losses for Half Year
• St Barbara Commissions New Crusher and Appoints Operations Advisor
• St Barbara Challenges Tax Assessments in PNG
• St. Barbara Limited Announces Separation of Atlantic Gold Operations
• St. Barbara to Expand 15-Mile Processing Facility for Increased Gold Production