Wall Street Analysts Are Bullish on Top Materials Picks

There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Alto Ingredients (ALTO – Research Report), Victoria Gold (VITFF – Research Report) and Curaleaf Holdings (CURLF – Research Report) with bullish sentiments.

Alto Ingredients (ALTO)

H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Alto Ingredients today and set a price target of $10.00. The company’s shares closed last Monday at $4.15, close to its 52-week low of $3.51.

According to TipRanks.com, Dayal is a top 100 analyst with an average return of 43.3% and a 41.7% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as TOMI Environmental Solutions, Pioneer Power Solutions, and Westport Fuel Systems.

Alto Ingredients has an analyst consensus of Moderate Buy, with a price target consensus of $10.00.

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Victoria Gold (VITFF)

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Victoria Gold today and set a price target of C$22.00. The company’s shares closed last Monday at $5.47, close to its 52-week low of $4.77.

According to TipRanks.com, Ihle has 0 stars on 0-5 stars ranking scale with an average return of -20.6% and a 24.8% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Tanzanian Royalty Exploration, and Northern Dynasty Minerals.

Victoria Gold has an analyst consensus of Moderate Buy, with a price target consensus of $12.84.

Curaleaf Holdings (CURLF)

Needham analyst Matt McGinley maintained a Buy rating on Curaleaf Holdings today and set a price target of $7.00. The company’s shares closed last Monday at $5.35, close to its 52-week low of $4.48.

According to TipRanks.com, McGinley is a 4-star analyst with an average return of 6.6% and a 32.7% success rate. McGinley covers the Basic Materials sector, focusing on stocks such as Ascend Wellness Holdings LLC, Green Thumb Industries, and Trulieve Cannabis.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Curaleaf Holdings with a $8.57 average price target, implying a 64.2% upside from current levels. In a report issued on October 28, BTIG also initiated coverage with a Buy rating on the stock with a C$10.00 price target.

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