Solstice Advanced Mat (NASDAQ:SOLS) Now Covered by Royal Bank Of Canada

Investment analysts at Royal Bank Of Canada started coverage on shares of Solstice Advanced Mat (NASDAQ:SOLS) in a report released on Monday,Benzinga reports. The brokerage set a “sector perform” rating and a $50.00 price target on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 5.29% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Mizuho initiated coverage on Solstice Advanced Mat in a research note on Friday, October 31st. They issued a “neutral” rating and a $54.00 price objective for the company. UBS Group assumed coverage on Solstice Advanced Mat in a report on Monday, November 3rd. They issued a “buy” rating and a $62.00 target price on the stock. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $55.33.

Solstice Advanced Mat Trading Up 5.5%

Solstice Advanced Mat stock opened at $47.49 on Monday. Solstice Advanced Mat has a 1-year low of $41.00 and a 1-year high of $61.00. The company has a market capitalization of $7.54 billion and a P/E 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.