Solstice Advanced Mat (NASDAQ:SOLS) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have received an average rating of “Moderate Buy” from the five analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $56.00.

Several equities research analysts have recently issued reports on SOLS shares. Royal Bank Of Canada started coverage on shares of Solstice Advanced Mat in a report on Monday, November 10th. They issued a “sector perform” rating and a $50.00 target price for the company. Vertical Research upgraded Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a research report on Wednesday. Mizuho began coverage on Solstice Advanced Mat in a report on Friday, October 31st. They issued a “neutral” rating and a $54.00 price target on the stock. Alembic Global Advisors initiated coverage on Solstice Advanced Mat in a report on Monday, December 1st. They set an “overweight” rating and a $60.00 price objective for the company. Finally, Wall Street Zen lowered Solstice Advanced Mat from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th.

Solstice Advanced Mat Stock Up 0.8%

NASDAQ:SOLS opened at $49.73 on Wednesday. The firm’s fifty day moving average is $47.18. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $61.00. The stock has a market cap of $7.89 billion and a price-to-earnings ratio of -136,911.76.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.