Solstice Advanced Mat (NASDAQ:SOLS) Receives $56.00 Average Price Target from Analysts

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

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

Solstice Advanced Mat Trading Up 1.8%

Shares of NASDAQ:SOLS opened at $53.03 on Wednesday. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $61.00. The company has a 50 day moving average price of $47.53. The firm has a market capitalization of $8.42 billion and a PE ratio of -136,911.76.

About Solstice Advanced Mat

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.