Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Aurora Cannabis (ACB – Research Report), Barrick Gold (GOLD – Research Report) and First Quantum Minerals (FQVLF – Research Report).
Aurora Cannabis (ACB)
In a report released today, Michael Lavery from Piper Sandler maintained a Hold rating on Aurora Cannabis, with a price target of C$4.00. The company’s shares closed last Friday at $2.82, close to its 52-week low of $2.20.
According to TipRanks.com, Lavery is a 3-star analyst with an average return of
Currently, the analyst consensus on Aurora Cannabis is a Moderate Sell with an average price target of $2.93, implying a 20.6% upside from current levels. In a report released today, Cantor Fitzgerald also maintained a Hold rating on the stock with a C$3.90 price target.
Barrick Gold (GOLD)
National Bank analyst Mike Parkin maintained a Hold rating on Barrick Gold today and set a price target of C$34.00. The company’s shares closed last Friday at $20.42.
According to TipRanks.com, Parkin has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Barrick Gold with a $28.33 average price target, representing a 40.2% upside. In a report issued on May 10, KeyBanc also maintained a Hold rating on the stock.
First Quantum Minerals (FQVLF)
Raymond James analyst Farooq Hamed maintained a Buy rating on First Quantum Minerals today and set a price target of C$45.00. The company’s shares closed last Friday at $25.11.
According to TipRanks.com, Hamed has 0 stars on 0-5 stars ranking scale with an average return of
First Quantum Minerals has an analyst consensus of Moderate Buy, with a price target consensus of $33.77, which is a 34.3% upside from current levels. In a report issued on April 28, Canaccord Genuity also upgraded the stock to Buy with a C$44.00 price target.
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