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Analysts Have Conflicting Sentiments on These Materials Companies: Intrepid Potash (IPI), B2Gold (BTG) and West Fraser Timber Co (WFG)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Intrepid Potash (IPIResearch Report), B2Gold (BTGResearch Report) and West Fraser Timber Co (WFGResearch Report).

Intrepid Potash (IPI)

In a report released today, Joel Jackson from BMO Capital maintained a Hold rating on Intrepid Potash, with a price target of $50.00. The company’s shares closed last Friday at $42.77, close to its 52-week low of $27.87.

According to TipRanks.com, Jackson is a 5-star analyst with an average return of 15.6% and a 62.9% success rate. Jackson covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Sociedad Quimica Y Minera SA, and ICL Group.

Intrepid Potash has an analyst consensus of Moderate Sell, with a price target consensus of $51.33.

See today’s best-performing stocks on TipRanks >>

B2Gold (BTG)

BMO Capital analyst Brian Quast maintained a Buy rating on B2Gold today and set a price target of C$7.00. The company’s shares closed last Friday at $3.44.

According to TipRanks.com, Quast is a 2-star analyst with an average return of 0.2% and a 41.4% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, Hycroft Mining Holding, and Argonaut Gold.

Currently, the analyst consensus on B2Gold is a Strong Buy with an average price target of $6.28, representing an 82.0% upside. In a report issued on August 4, M Partners also maintained a Buy rating on the stock with a C$10.50 price target.

West Fraser Timber Co (WFG)

In a report released today, Mark Wilde from BMO Capital maintained a Buy rating on West Fraser Timber Co, with a price target of C$112.00. The company’s shares closed last Friday at $89.53.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 11.7% and a 58.6% success rate. Wilde covers the Basic Materials sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Berry Global Group.

Currently, the analyst consensus on West Fraser Timber Co is a Strong Buy with an average price target of $111.56, representing a 24.6% upside. In a report issued on July 28, RBC Capital also maintained a Buy rating on the stock with a $120.00 price target.

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