Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Basic Materials sector for the week ending November 25th, 2011.
- Royal Gold (NASDAQ:RGLD): RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $102 to $94 on Nov 21st. The shares recently traded at $77.29, up $3.07, or 4.14% since the analyst’s rating. About the company: Royal Gold, Inc. acquires and manages precious metals royalties. The Company seeks to acquire existing royalties or to finance projects that are in production or near production in exchange for royalty interests. Royal Gold Inc.’s gold-focused portfolio contains royalties ranging from those in production and development to those in the evaluation and exploration stages. Get the most recent company news and stock data here >>
- PolyOne (NYSE:POL): Longbow downgraded its rating on this company from Buy to Neutral on Nov 22nd. The shares recently traded at $9.95, down $0.19, or 1.87% since the analyst’s rating. About the company: PolyOne Corporation is an international polymer services company with operations in North America, Europe, Asia, Australia, and South America. The Company provides thermoplastic compounds, specialty resins, specialty polymer formulations, engineered films, and color and additive systems. PolyOne also conducts operations in rubber compounding and thermoplastic resin distribution. Get the most recent company news and stock data here >>
(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)
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