There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Rio Tinto (RIO – Research Report), Wheaton Precious Metals (WPM – Research Report) and Victoria Gold (VITFF – Research Report) with bullish sentiments.
Rio Tinto (RIO)
BMO Capital analyst Alexander Pearce maintained a Buy rating on Rio Tinto today and set a price target of £58.00. The company’s shares closed last Friday at $75.40.
According to TipRanks.com, Pearce is ranked #962 out of 7778 analysts.
Rio Tinto has an analyst consensus of Moderate Buy, with a price target consensus of $72.11.
Wheaton Precious Metals (WPM)
BMO Capital analyst Jackie Przybylowski maintained a Buy rating on Wheaton Precious Metals today and set a price target of $48.00. The company’s shares closed last Friday at $39.66.
According to TipRanks.com, Przybylowski is a 4-star analyst with an average return of
Wheaton Precious Metals has an analyst consensus of Strong Buy, with a price target consensus of $50.54, representing a 26.8% upside. In a report issued on January 7, National Bank also maintained a Buy rating on the stock with a C$65.00 price target.
Victoria Gold (VITFF)
BMO Capital analyst Andrew Mikitchook maintained a Buy rating on Victoria Gold today and set a price target of $23.00. The company’s shares closed last Friday at $11.31.
According to TipRanks.com, Mikitchook is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Victoria Gold with a $21.11 average price target, which is an 86.3% upside from current levels. In a report issued on January 11, CIBC also initiated coverage with a Buy rating on the stock with a C$24.00 price target.
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