U.S. Silica Holdings Stock: Analysts’ Expectations

Analysts cut the target prices

Several analysts cut their target prices for U.S. Silica Holdings (SLCA) after the company’s third-quarter results. Jefferies cut its target price for U.S. Silica Holdings from $20 to $16. Jefferies gave the stock a “hold” rating. RBC cut its target price for U.S. Silica Holdings from $22 to $18 with a “sector perform” rating. SunTrust Robinson cut its target price for the stock from $36 to $28, while Wells Fargo cut its target price from $24 to $18. Barclays cut its target price for U.S. Silica Holdings by $10 from $30 to $20.

U.S. Silica Holdings Stock: Analysts’ Expectations

The above graph shows how analysts’ recommendations and the average target price for U.S. Silica Holdings have changed over 12 months. Notably, the mean target price has fallen from $44.7 in January to $23.6 currently—a fall of ~47% in ten months.

A number of factors, as we discussed in the previous part, will likely drive U.S. Silica Holdings’ performance going forward.

Analysts’ recommendations

Three of the 21 analysts covering U.S. Silica Holdings rated it as “strong buy,” ten rated it as a “buy,” and six rated it as a “hold.” Two of the surveyed analysts rated U.S. Silica Holdings as a “sell.” U.S. Silica Holdings will have to rise 72% from its current price of $13.75 to attain its mean target price of $23.6.

Recommendations for Hi-Crush Partners

Of the 16 analysts covering Hi-Crush Partners (HCLP), five rated the stock as “buy,” ten rated it as a “hold,” and one rated it as a “strong sell.” The median target price for Hi-Crush Partners is $14.

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