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Analysts Offer Insights on Materials Companies: B2Gold (BTG), Allkem Limited (OtherOROCF) and Linde (LIN)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on B2Gold (BTGResearch Report), Allkem Limited (OROCFResearch Report) and Linde (LINResearch Report).

B2Gold (BTG)

In a report released today, Brian Quast from BMO Capital maintained a Buy rating on B2Gold, with a price target of C$7.00. The company’s shares closed last Thursday at $4.02.

According to TipRanks.com, Quast is a 4-star analyst with an average return of 5.1% and a 47.5% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Newcrest Mining, Eldorado Gold, and Argonaut Gold.

Currently, the analyst consensus on B2Gold is a Strong Buy with an average price target of $5.52, representing a 36.3% upside. In a report issued on January 13, National Bank also maintained a Buy rating on the stock with a C$7.25 price target.

See the top stocks recommended by analysts >>

Allkem Limited (OROCF)

BMO Capital analyst Joel Jackson maintained a Hold rating on Allkem Limited today and set a price target of A$13.00. The company’s shares closed last Wednesday at $8.45.

According to TipRanks.com, Jackson is a 5-star analyst with an average return of 14.6% and a 62.7% success rate. Jackson covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Intrepid Potash, and Albemarle.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allkem Limited with a $11.68 average price target.

Linde (LIN)

In a report released today, John McNulty from BMO Capital maintained a Buy rating on Linde, with a price target of $370.00. The company’s shares closed last Thursday at $325.09.

According to TipRanks.com, McNulty is a 4-star analyst with an average return of 4.4% and a 57.7% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Linde with a $362.97 average price target, implying an 11.9% upside from current levels. In a report issued on January 13, UBS also maintained a Buy rating on the stock with a $375.00 price target.

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