Analysts’ Recommendations and Recent Price Target Cuts for SLCA

Price target revisions

On September 20, RBC cut its rating on U.S. Silica Holdings (SLCA) from an “outperform” to a “sector perform.” It also cut its price target on the stock from $36 to $24.

On September 19, Morgan Stanley cut its price target for U.S. Silica from $32 to $25. On September 11, Stifel started coverage on U.S. Silica Holdings with a “buy” rating and a price target of $26.

Analysts’ Recommendations and Recent Price Target Cuts for SLCA

The graph above shows analysts’ recommendations and mean price targets for U.S. Silica Holdings over the last 12 months. As the graph shows, the mean price target for the stock has fallen from $44.9 in January to $32.3 currently. Moreover, fewer analysts currently call the stock a “buy” compared to January.

Recommendations for SLCA

Of the 22 analysts surveyed by Reuters covering U.S. Silica Holdings, four have given it “strong buys,” 11 have given it “buys,” and six have given it “holds.” One analyst has rated the stock as a “strong sell.” U.S. Silica Holdings will have to rise 58% from its current price of $20.5 to reach its mean price target of $32.3.

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