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TipRanksStock Market NewsEGO NewsAnalysts’ Opinions Are Mixed on These Materials Stocks: Eldorado Gold (EGO) and Fire & Flower Holdings (OtherFFLWD)
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Analysts’ Opinions Are Mixed on These Materials Stocks: Eldorado Gold (EGO) and Fire & Flower Holdings (OtherFFLWD)

Analysts have been eager to weigh in on the Materials sector with new ratings on Eldorado Gold (EGOResearch Report) and Fire & Flower Holdings (FFLWDResearch Report).

Eldorado Gold (EGO)

In a report issued on December 13, Josh Wolfson from RBC Capital maintained a Hold rating on Eldorado Gold, with a price target of $10.00. The company’s shares closed last Tuesday at $8.72.

According to TipRanks.com, Wolfson is a 1-star analyst with an average return of -2.0% and a 43.3% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Kirkland Lake Gold, and Sandstorm Gold.

Eldorado Gold has an analyst consensus of Hold, with a price target consensus of $12.36.

See the top stocks recommended by analysts >>

Fire & Flower Holdings (FFLWD)

Echelon Wealth Partners analyst Andrew Semple reiterated a Buy rating on Fire & Flower Holdings yesterday and set a price target of C$11.00. The company’s shares closed last Tuesday at $4.48, close to its 52-week low of $4.15.

According to TipRanks.com, Semple is a 4-star analyst with an average return of 28.8% and a 31.4% success rate. Semple covers the Basic Materials sector, focusing on stocks such as Green Thumb Industries, Trulieve Cannabis, and Verano Holdings.

Fire & Flower Holdings has an analyst consensus of Strong Buy, with a price target consensus of $8.58, which is an 88.2% upside from current levels. In a report issued on December 9, Stifel Nicolaus also initiated coverage with a Buy rating on the stock.

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