Analysts have been eager to weigh in on the Materials sector with new ratings on Rio Tinto Limited (RTNTF – Research Report), Anglo American (AAUKF – Research Report) and Sibanye Stillwater (SBSW – Research Report).
Rio Tinto Limited (RTNTF)
In a report issued on July 16, Kaan Peker from RBC Capital maintained a Hold rating on Rio Tinto Limited, with a price target of A$110.00. The company’s shares closed last Tuesday at $80.24.
According to TipRanks.com, Peker is a 4-star analyst with an average return of
Currently, the analyst consensus on Rio Tinto Limited is a Moderate Buy with an average price target of $77.07, which is a -3.7% downside from current levels. In a report issued on July 7, Macquarie also maintained a Hold rating on the stock with a A$114.00 price target.
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Anglo American (AAUKF)
RBC Capital analyst Tyler Broda maintained a Buy rating on Anglo American yesterday and set a price target of p2600.00. The company’s shares closed last Monday at $30.56.
Broda has an average return of
According to TipRanks.com, Broda is ranked #1849 out of 8514 analysts.
Anglo American has an analyst consensus of Moderate Buy, with a price target consensus of $39.09, implying a 30.2% upside from current levels. In a report issued on July 5, Jefferies also maintained a Buy rating on the stock with a £28.00 price target.
Sibanye Stillwater (SBSW)
RBC Capital analyst Marina Calero maintained a Buy rating on Sibanye Stillwater yesterday and set a price target of $9.00. The company’s shares closed last Tuesday at $7.37.
According to TipRanks.com, Calero is ranked #7032 out of 8514 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sibanye Stillwater with a $12.50 average price target.
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