Rayonier Advanced Materials Inc. (NYSE:RYAM) has analysts on the Bullish side this week.

June 16, 2018 - By Hazel Jackson

Rayonier Advanced Materials Inc. (NYSE:RYAM) Logo

Rayonier Advanced Materials Inc. (NYSE:RYAM) Ratings Coverage

Among 3 analysts covering Rayonier Advanced Materials (NYSE:RYAM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Rayonier Advanced Materials had 3 analyst reports since January 11, 2018 according to SRatingsIntel. Vertical Research upgraded the shares of RYAM in report on Wednesday, May 9 to “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, January 11 report. The company was maintained on Wednesday, February 21 by Bank of America. Below is a list of Rayonier Advanced Materials Inc. (NYSE:RYAM) latest ratings and price target changes.

09/05/2018 Broker: Vertical Research Old Rating: Hold New Rating: Buy Upgrade
21/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $23 New Target: $25 Maintain
11/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $24.0 Maintain

The stock increased 0.41% or $0.07 during the last trading session, reaching $17.02. About 841,720 shares traded. Rayonier Advanced Materials Inc. (NYSE:RYAM) has risen 23.51% since June 16, 2017 and is uptrending. It has outperformed by 10.94% the S&P500.

Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Japan, Canada, Europe, Latin America, other Asian countries, and internationally. The company has market cap of $882.80 million. The Company’s products include cellulose specialties, such as cellulose acetate and cellulose ethers, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as cigarette filters, liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, high-tenacity rayon yarn for tires and industrial hoses, food casings, paints, and lacquers. It has a 2.93 P/E ratio. The firm also offers commodity products, including commodity viscose used in the manufacture of textiles for clothing and other fabrics, and in non-woven applications, such as baby wipes, cosmetic and personal wipes, industrial wipes, and mattress ticking; and absorbent materials comprising fluff fibers that are used as an absorbent medium in products, such as disposable baby diapers, feminine hygiene products, incontinence pads, convalescent bed pads, industrial towels and wipes, and non-woven fabrics.

Another recent and important Rayonier Advanced Materials Inc. (NYSE:RYAM) news was published by Globenewswire.com which published an article titled: “Consolidated Research: 2018 Summary Expectations for Rayonier Advanced Materials, CYS Investments, Avid …” on June 14, 2018.

Rayonier Advanced Materials Inc. (NYSE:RYAM) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: