MCH ADVISORY RESEARCH
Sector

Materials

26 companies under coverage across 10 industries.

Industries

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Coverage

Materials companies


Equity Research

Newmont Corporation (NEM)

The bull case — 'Fiat Crisis + Synergy' (10% weight) — targets $180, +93% vs spot. It needs the multiple to hold or expand.

NEMEquity ResearchMonte Carlo
1 July 2026Rating: BUY · +11%
Equity Research

Steel Dynamics Inc (STLD)

The bull case — 'Spike — Trade / Supply Dislocation' (8% weight) — targets $554, +141% vs spot. It needs the multiple to hold or expand.

STLDEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · +5%
Equity Research

Dow Inc (DOW)

The bull case — 'Spike — Supply Dislocation' (8% weight) — targets $67, +145% vs spot. It needs Gross Margin to surprise to the upside.

DOWEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · +4%
Equity Research

Nucor Corp (NUE)

The bull case — 'Spike — Trade / Supply Dislocation' (8% weight) — targets $535, +140% vs spot. It needs the multiple to hold or expand.

NUEEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · +3%
Equity Research

CF Industries Holdings Inc (CF)

The bull case — 'Spike — Supply Shock (gas / geopolitics)' (8% weight) — targets $244, +126% vs spot. It needs the multiple to hold or expand.

CFEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · +3%
Equity Research

Albemarle Corp (ALB)

The bull case — 'Spike — Supply Deficit' (8% weight) — targets $355, +163% vs spot. It needs the multiple to hold or expand.

ALBEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -3%
Equity Research

Smurfit WestRock plc (SW)

The bull case — 'Bull — Pricing + Re-Rate' (8% weight) — targets $74, +61% vs spot. It needs Gross Margin to surprise to the upside.

SWEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -4%
Equity Research

Dupont De Nemours Inc (DD)

The bull case — 'Bull — Cycle + Re-Rate' (8% weight) — targets $240, +77% vs spot. It needs the multiple to hold or expand.

DDEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -9%
Equity Research

Amcor PLC (AMCR)

The bull case — 'Bull — Pricing + Re-Rate' (8% weight) — targets $67, +54% vs spot. It needs Gross Margin to surprise to the upside.

AMCREquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -9%
Equity Research

Linde plc Ordinary Shares (LIN)

The bull case — 'Bull — Multiple Re-Rate' (8% weight) — targets $831, +60% vs spot. It needs the multiple to hold or expand.

LINEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -11%
Equity Research

Freeport-McMoran Copper & Gold Inc (FCX)

The bull case — 'Spike — Supply-Constrained Super-Cycle' (8% weight) — targets $140, +123% vs spot. It needs the multiple to hold or expand.

FCXEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -12%
Equity Research

Corteva Inc (CTVA)

The bull case — 'Bull — Cycle + Re-Rate' (8% weight) — targets $139, +64% vs spot. It needs the multiple to hold or expand.

CTVAEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -13%
Equity Research

Martin Marietta Materials Inc (MLM)

The bull case — 'Bull — Sustained Pricing Power' (8% weight) — targets $1,097, +90% vs spot. It needs the multiple to hold or expand.

MLMEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -14%
Equity Research

CRH PLC ADR (CRH)

The bull case — 'Bull — Sustained Pricing Power' (8% weight) — targets $198, +85% vs spot. It needs Gross Margin to surprise to the upside.

CRHEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -14%
Equity Research

Avery Dennison Corp (AVY)

The bull case — 'Bull — Pricing + Re-Rate' (8% weight) — targets $264, +62% vs spot. It needs Gross Margin to surprise to the upside.

AVYEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -14%
Equity Research

International Paper (IP)

The bull case — 'Bull — Pricing + Re-Rate' (8% weight) — targets $58, +51% vs spot. It needs Gross Margin to surprise to the upside.

IPEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -15%
Equity Research

International Flavors & Fragrances Inc (IFF)

The bull case — 'Bull — Cycle + Re-Rate' (8% weight) — targets $136, +71% vs spot. It needs Gross Margin to surprise to the upside.

IFFEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -15%
Equity Research

Vulcan Materials Company (VMC)

The bull case — 'Bull — Sustained Pricing Power' (8% weight) — targets $547, +85% vs spot. It needs the multiple to hold or expand.

VMCEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -16%
Equity Research

PPG Industries Inc (PPG)

The bull case — 'Bull — Cycle + Re-Rate' (8% weight) — targets $211, +74% vs spot. It needs Gross Margin to surprise to the upside.

PPGEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -16%
Equity Research

Air Products and Chemicals Inc (APD)

The bull case — 'Bull — Multiple Re-Rate' (8% weight) — targets $450, +53% vs spot. It needs the multiple to hold or expand.

APDEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -16%
Equity Research

Packaging Corp of America (PKG)

The bull case — 'Bull — Pricing + Re-Rate' (8% weight) — targets $399, +67% vs spot. It needs Gross Margin to surprise to the upside.

PKGEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -17%
Equity Research

Ecolab Inc (ECL)

The bull case — 'Bull — Cycle + Re-Rate' (8% weight) — targets $505, +81% vs spot. It needs the multiple to hold or expand.

ECLEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -18%
Equity Research

Sherwin-Williams Co (SHW)

The bull case — 'Bull — Cycle + Re-Rate' (8% weight) — targets $605, +76% vs spot. It needs Gross Margin to surprise to the upside.

SHWEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -20%
Equity Research

LyondellBasell Industries NV (LYB)

The bull case — 'Spike — Supply Dislocation' (8% weight) — targets $127, +142% vs spot. It needs Gross Margin to surprise to the upside.

LYBEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -21%
Equity Research

Ball Corporation (BALL)

The bull case — 'Bull — Pricing + Re-Rate' (8% weight) — targets $97, +56% vs spot. It needs Gross Margin to surprise to the upside.

BALLEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -30%
Equity Research

The Mosaic Company (MOS)

The bull case — 'Spike — Supply Shock (gas / geopolitics)' (8% weight) — targets $40, +91% vs spot. It needs Gross Margin to surprise to the upside.

MOSEquity ResearchMonte Carlo
1 July 2026Rating: SELL · -34%
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