In a new note to investors yesterday, an analyst has provided a rating update for the Materials sector company, Triple Flag Precious Metals (TFPM – Research Report). The Materials company, Triple Flag Precious Metals (TSX: TFPM) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Cartier is a 5-star analyst with an average return of 13.9% and a 40.3% success rate. Cartier covers the Basic Materials sector, focusing on stocks such as Metalla Royalty & Streaming, Osisko Gold Royalties, and Capstone Copper.
Triple Flag Precious Metals has an analyst consensus of Strong Buy, with a price target consensus of C$22.98, which is a 28.2% upside from current levels. In a report issued on October 4, RBC Capital also maintained a Buy rating on the stock with a $15.00 price target.
Triple Flag Precious Metals Corp is a gold-focused royalty and streaming company. Its assets portfolio includes Northparkes, Fosterville, Cerro Lindo, and Pumpkin Hollow among others.
The company’s shares closed last Wednesday at C$17.99.
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