Analysts have been eager to weigh in on the Materials sector with new ratings on Torex Gold Resources (TORXF – Research Report), Pan American Silver (PAAS – Research Report) and FRESNILLO (FNLPF – Research Report).
Torex Gold Resources (TORXF)
RBC Capital analyst Wayne Lam maintained a Hold rating on Torex Gold Resources on June 29 and set a price target of C$21.00. The company’s shares closed last Friday at $14.21.
According to TipRanks.com, Lam has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Torex Gold Resources is a Hold with an average price target of $18.26.
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Pan American Silver (PAAS)
In a report issued on June 29, Michael Siperco from RBC Capital maintained a Buy rating on Pan American Silver, with a price target of $22.00. The company’s shares closed last Friday at $14.58, close to its 52-week low of $13.40.
According to TipRanks.com, Siperco has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pan American Silver with a $20.78 average price target.
FRESNILLO (FNLPF)
RBC Capital analyst Marina Calero maintained a Hold rating on FRESNILLO on June 29 and set a price target of p790.00. The company’s shares closed last Friday at $7.67, close to its 52-week low of $7.30.
According to TipRanks.com, Calero is ranked #7597 out of 8484 analysts.
Currently, the analyst consensus on FRESNILLO is a Hold with an average price target of $8.42, a 7.3% upside from current levels. In a report issued on June 21, Morgan Stanley also maintained a Hold rating on the stock with a p620.00 price target.
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