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

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have been given a consensus recommendation of “Moderate Buy” by the five brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $56.00.

A number of brokerages have issued reports on SOLS. Wall Street Zen downgraded shares of Solstice Advanced Mat from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Alembic Global Advisors initiated coverage on Solstice Advanced Mat in a research report on Monday, December 1st. They set an “overweight” rating and a $60.00 price objective for the company. Royal Bank Of Canada began coverage on Solstice Advanced Mat in a research report on Monday, November 10th. They issued a “sector perform” rating and a $50.00 target price on the stock. Mizuho started coverage on Solstice Advanced Mat in a report on Friday, October 31st. They set a “neutral” rating and a $54.00 price target for the company. Finally, UBS Group reaffirmed a “buy” rating and set a $58.00 price objective (down from $62.00) on shares of Solstice Advanced Mat in a report on Tuesday, November 25th.

Solstice Advanced Mat Stock Performance

Shares of SOLS opened at $49.73 on Wednesday. The stock has a market cap of $7.89 billion and a price-to-earnings ratio of -136,911.76. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $61.00. The firm’s 50 day moving average is $47.18.

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.