tiprankstipranks
Blurbs

Analysts Offer Insights on Materials Companies: Galiano Gold (GAU), Cameco (CCJ) and Adecoagro SA (AGRO)

Analysts have been eager to weigh in on the Materials sector with new ratings on Galiano Gold (GAUResearch Report), Cameco (CCJResearch Report) and Adecoagro SA (AGROResearch Report).

Galiano Gold (GAU)

In a report released yesterday, Jonathan Guy from Berenberg Bank maintained a Hold rating on Galiano Gold, with a price target of C$0.50. The company’s shares closed last Friday at $0.53, close to its 52-week low of $0.50.

According to TipRanks.com, Guy is a 1-star analyst with an average return of -1.4% and a 45.0% success rate. Guy covers the Basic Materials sector, focusing on stocks such as Yamana Gold, FRESNILLO, and Centamin.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Galiano Gold with a $1.20 average price target.

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

Cameco (CCJ)

In a report issued on April 1, Greg Barnes from TD Securities maintained a Buy rating on Cameco, with a price target of C$45.00. The company’s shares closed last Friday at $29.03, close to its 52-week high of $30.49.

According to TipRanks.com, Barnes is a 4-star analyst with an average return of 9.6% and a 57.2% success rate. Barnes covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, First Quantum Minerals, and Osisko Gold Royalties.

Currently, the analyst consensus on Cameco is a Strong Buy with an average price target of $30.90, which is a 4.8% upside from current levels. In a report issued on March 23, Raymond James also maintained a Buy rating on the stock with a C$40.00 price target.

Adecoagro SA (AGRO)

In a report issued on March 31, Lucas Ferreira from J.P. Morgan maintained a Buy rating on Adecoagro SA, with a price target of $14.00. The company’s shares closed last Friday at $12.34, close to its 52-week high of $12.67.

Ferreira has an average return of 82.1% when recommending Adecoagro SA.

According to TipRanks.com, Ferreira is ranked #2430 out of 7930 analysts.

Currently, the analyst consensus on Adecoagro SA is a Moderate Buy with an average price target of $14.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on GAU:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More