tiprankstipranks
Blurbs

Analysts Offer Insights on Materials Companies: Franco-Nevada (FNV), Centerra Gold (CGAU) and Aurora Cannabis (ACB)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Franco-Nevada (FNVResearch Report), Centerra Gold (CGAUResearch Report) and Aurora Cannabis (ACBResearch Report).

Franco-Nevada (FNV)

In a report released today, Carey MacRury from Canaccord Genuity maintained a Hold rating on Franco-Nevada, with a price target of C$205.00. The company’s shares closed last Monday at $135.02.

According to TipRanks.com, MacRury is a 5-star analyst with an average return of 13.3% and a 62.4% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Newmont Mining.

Franco-Nevada has an analyst consensus of Hold, with a price target consensus of $156.03, implying a 15.3% upside from current levels. In a report issued on January 30, RBC Capital also maintained a Hold rating on the stock with a $160.00 price target.

See the top stocks recommended by analysts >>

Centerra Gold (CGAU)

Canaccord Genuity analyst Dalton Baretto maintained a Buy rating on Centerra Gold today and set a price target of C$9.75. The company’s shares closed last Monday at $6.48.

According to TipRanks.com, Baretto is a top 100 analyst with an average return of 23.7% and a 52.7% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Hecla Mining Company, and Fortuna Silver Mines.

Centerra Gold has an analyst consensus of Moderate Buy, with a price target consensus of $7.82, which is a 24.7% upside from current levels. In a report issued on January 30, RBC Capital also maintained a Buy rating on the stock with a C$10.00 price target.

Aurora Cannabis (ACB)

Stifel Nicolaus analyst W. Andrew Carter maintained a Hold rating on Aurora Cannabis today and set a price target of C$1.20. The company’s shares closed last Monday at $0.91, close to its 52-week low of $0.82.

According to TipRanks.com, Carter is a 1-star analyst with an average return of -2.1% and a 40.7% success rate. Carter covers the Basic Materials sector, focusing on stocks such as Scotts Miracle-Gro Company, Canopy Growth, and Cronos Group.

The word on The Street in general, suggests a Hold analyst consensus rating for Aurora Cannabis with a $1.08 average price target, which is a 17.4% upside from current levels. In a report issued on February 10, Canaccord Genuity also maintained a Hold rating on the stock with a C$1.50 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 FNV:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles