There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Royal Gold (RGLD – Research Report), DuPont de Nemours (DD – Research Report) and Canfor (CFPZF – Research Report) with bullish sentiments.
Royal Gold (RGLD)
In a report issued on October 17, Josh Wolfson from RBC Capital maintained a Buy rating on Royal Gold, with a price target of $150.00. The company’s shares closed last Wednesday at $90.80, close to its 52-week low of $84.54.
According to TipRanks.com, Wolfson is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Royal Gold with a $134.14 average price target.
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DuPont de Nemours (DD)
In a report issued on October 18, Arun Viswanathan from RBC Capital maintained a Buy rating on DuPont de Nemours, with a price target of $64.00. The company’s shares closed last Wednesday at $54.10, close to its 52-week low of $49.52.
According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of
DuPont de Nemours has an analyst consensus of Strong Buy, with a price target consensus of $71.55, a 30.6% upside from current levels. In a report issued on October 3, Deutsche Bank also maintained a Buy rating on the stock with a $60.00 price target.
Canfor (CFPZF)
In a report issued on October 18, Paul Quinn from RBC Capital maintained a Buy rating on Canfor, with a price target of C$30.00. The company’s shares closed last Wednesday at $14.09, close to its 52-week low of $13.82.
According to TipRanks.com, Quinn is a 5-star analyst with an average return of
Canfor has an analyst consensus of Strong Buy, with a price target consensus of $27.68.
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