Analysts Offer Insights on Materials Companies: OZ Minerals Limited (OtherOZMLF) and Develop Global Limited (OtherVTEXF)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on OZ Minerals Limited (OZMLFResearch Report) and Develop Global Limited (VTEXFResearch Report) with bullish sentiments.

OZ Minerals Limited (OZMLF)

The company’s shares closed last Tuesday at $17.73.

According to TipRanks.com, O’Connor is a 3-star analyst with an average return of 2.6% and a 51.9% success rate. O’Connor covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Evolution Mining Limited, and Regis Resources Limited.

OZ Minerals Limited has an analyst consensus of Moderate Buy, with a price target consensus of $14.66, implying a -17.6% downside from current levels. In a report issued on August 8, Ord Minnett also upgraded the stock to Buy with a price target.

See the top stocks recommended by analysts >>

Develop Global Limited (VTEXF)

According to TipRanks.com, CFA is ranked #6209 out of 8001 analysts.

Develop Global Limited has an analyst consensus of Moderate Buy, with a price target consensus of $3.51.

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