There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on IAMGOLD (IAG – Research Report) and Nutrien (NTR – Research Report) with bullish sentiments.
IAMGOLD (IAG)
Bank of America Securities analyst Lawson Winder maintained a Buy rating on IAMGOLD today and set a price target of $4.60. The company’s shares closed last Thursday at $3.85, close to its 52-week high of $3.92.
According to TipRanks.com, Winder is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IAMGOLD with a $3.86 average price target.
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Nutrien (NTR)
Bank of America Securities analyst Steve Byrne reiterated a Buy rating on Nutrien today and set a price target of $70.00. The company’s shares closed last Thursday at $58.17.
According to TipRanks.com, Byrne is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nutrien with a $66.20 average price target, implying a 17.9% upside from current levels. In a report issued on April 26, Berenberg Bank also upgraded the stock to Buy with a $66.00 price target.
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