Blurbs

Analysts Offer Insights on Materials Companies: West African Resources Ltd (OtherWFRSF), Alkane Resources Ltd (OtherALKEF) and BHP Group Ltd (OtherBHPLF)

Analysts have been eager to weigh in on the Materials sector with new ratings on West African Resources Ltd (WFRSFResearch Report), Alkane Resources Ltd (ALKEFResearch Report) and BHP Group Ltd (BHPLFResearch Report).

West African Resources Ltd (WFRSF)

The company’s shares closed last Monday at $0.76.

According to TipRanks.com, Stella is ranked #6301 out of 7915 analysts.

West African Resources Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $1.02.

See Insiders’ Hot Stocks on TipRanks >>

Alkane Resources Ltd (ALKEF)

The company’s shares closed last Wednesday at $0.45, equals to its 52-week low of $0.45.

According to TipRanks.com, Watson is a 1-star analyst with an average return of -7.1% and a 18.8% success rate. Watson covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Gold Road Resources Ltd, and Mincor Resources NL.

Alkane Resources Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $0.97.

BHP Group Ltd (BHPLF)

In a report released yesterday, Liam Fitzpatrick from Deutsche Bank maintained a Hold rating on BHP Group Ltd, with a price target of p2200.00. The company’s shares closed last Tuesday at $25.49, close to its 52-week low of $23.76.

According to TipRanks.com, Fitzpatrick is ranked #1233 out of 7915 analysts.

Currently, the analyst consensus on BHP Group Ltd is a Moderate Buy with an average price target of $30.83, which is a 29.2% upside from current levels. In a report issued on July 6, Credit Suisse also initiated coverage with a Hold rating on the stock with a price target.

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 WFRSF:

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
Videos
Videos

Latest News Feed