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Analysts Conflicted on These Materials Names: Barrick Gold (GOLD), Taseko Mines (TGB) and Ramaco Resources (METC)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Barrick Gold (GOLDResearch Report), Taseko Mines (TGBResearch Report) and Ramaco Resources (METCResearch Report).

Barrick Gold (GOLD)

BMO Capital analyst Jackie Przybylowski maintained a Buy rating on Barrick Gold today and set a price target of C$28.00. The company’s shares closed last Tuesday at $16.37, close to its 52-week low of $14.80.

According to TipRanks.com, Przybylowski is a 4-star analyst with an average return of 8.9% and a 36.4% success rate. Przybylowski covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Nexa Resources SA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Barrick Gold with a $23.82 average price target, implying a 47.0% upside from current levels. In a report issued on August 1, RBC Capital also maintained a Buy rating on the stock with a $27.00 price target.

See the top stocks recommended by analysts >>

Taseko Mines (TGB)

BMO Capital analyst Rene Cartier maintained a Buy rating on Taseko Mines today and set a price target of C$2.50. The company’s shares closed last Tuesday at $1.05, close to its 52-week low of $0.89.

According to TipRanks.com, Cartier is a 4-star analyst with an average return of 16.0% and a 39.2% success rate. Cartier covers the Basic Materials sector, focusing on stocks such as Solaris Resources, Capstone Copper, and Gold Royalty.

Taseko Mines has an analyst consensus of Moderate Buy, with a price target consensus of $1.69.

Ramaco Resources (METC)

BMO Capital analyst David Gagliano maintained a Hold rating on Ramaco Resources today and set a price target of $14.00. The company’s shares closed last Tuesday at $10.60.

According to TipRanks.com, Gagliano is a 4-star analyst with an average return of 5.4% and a 46.1% success rate. Gagliano covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, United States Steel, and Peabody Energy Comm.

Ramaco Resources has an analyst consensus of Moderate Buy, with a price target consensus of $19.50.

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