Companies in the Materials sector have received a lot of coverage today as analysts weigh in on West Fraser Timber Co (WFG – Research Report) and Sierra Metals (SMTS – Research Report).
West Fraser Timber Co (WFG)
In a report released today, Hamir Patel from CIBC maintained a Buy rating on West Fraser Timber Co, with a price target of C$124.00. The company’s shares closed last Friday at $80.90.
According to TipRanks.com, Patel is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for West Fraser Timber Co with a $113.93 average price target, implying a 39.0% upside from current levels. In a report issued on June 23, TD Securities also maintained a Buy rating on the stock with a $105.00 price target.
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Sierra Metals (SMTS)
In a report released today, Chris LaFemina from Jefferies maintained a Hold rating on Sierra Metals, with a price target of C$1.25. The company’s shares closed last Friday at $0.77, close to its 52-week low of $0.77.
According to TipRanks.com, LaFemina 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 Sierra Metals with a $2.14 average price target.
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