Global materials is the most bullish sector among analysts – Global RBC survey
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Analyst Preferences: The Global RBC Analyst Survey indicates a preference for the global materials and financial sectors.
Interest Rate Impact: Analysts are optimistic about the effects of lower interest rates across most sectors, though they view the impact on financials as less favorable.
Analyst Views on MXI
Wall Street analysts forecast MXI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MXI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 106.450
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Current: 106.450
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
