Minerals Technologies Inc. – Consensus Indicates Potential 26.0% Upside

Broker Ratings
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Minerals Technologies Inc. found using ticker (MTX) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 100 and 80 with the average target price sitting at 91.4. Now with the previous closing price of 72.52 this would indicate that there is a potential upside of 26.0%. The day 50 moving average is 72.36 and the 200 moving average now moves to 76.22. The market capitalisation for the company is $2,441m. You can visit the company’s website by visiting: https://www.mineralstech.com

Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company’s Performance Materials segment supplies bentonite and bentonite-related products, as well as chromite and leonardite. This segment offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. In addition, this segment provides products for non-residential construction, environmental, and infrastructure projects, as well as for construction project customers. Its Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc. This segment’s products are used in paper, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. The company’s Refractories segment offers monolithic and shaped refractory materials; specialty products, services, and application and measurement equipment; and calcium metal and metallurgical wire products that are used in the applications of steel, non-ferrous metal, and glass industries. Its Energy Services segment provides offshore filtration and well testing services to the oil and gas industry. The company markets its products primarily through its direct sales force, as well as regional distributors. It serves in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was founded in 1968 and is headquartered in New York, New York.

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