Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Torex Gold Resources (TORXF – Research Report), Gatos Silver (GATO – Research Report) and Bluescope Steel Limited (BLSFF – Research Report).
Torex Gold Resources (TORXF)
In a report issued on May 13, Wayne Lam from RBC Capital maintained a Buy rating on Torex Gold Resources, with a price target of C$25.00. The company’s shares closed last Tuesday at $14.91.
According to TipRanks.com, Lam 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 Torex Gold Resources with a $18.89 average price target, representing a 25.3% upside. In a report issued on May 9, BMO Capital also maintained a Buy rating on the stock with a C$25.00 price target.
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Gatos Silver (GATO)
RBC Capital analyst Michael Siperco maintained a Hold rating on Gatos Silver on May 13 and set a price target of $9.00. The company’s shares closed last Tuesday at $10.67, close to its 52-week high of $11.06.
According to TipRanks.com, Siperco is a 3-star analyst with an average return of
Currently, the analyst consensus on Gatos Silver is a Hold with an average price target of $10.69, a -0.6% downside from current levels. In a report issued on May 7, BMO Capital also assigned a Hold rating to the stock with a $10.00 price target.
Bluescope Steel Limited (BLSFF)
In a report issued on May 10, Owen Birrell from RBC Capital maintained a Hold rating on Bluescope Steel Limited, with a price target of A$23.00. The company’s shares closed last Monday at $14.46.
According to TipRanks.com, Birrell is a 3-star analyst with an average return of
Bluescope Steel Limited has an analyst consensus of Hold, with a price target consensus of $14.88.
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