Analysts have been eager to weigh in on the Materials sector with new ratings on West African Resources Ltd (WFRSF – Research Report), Alkane Resources Ltd (ALKEF – Research Report) and BHP Group Ltd (BHPLF – Research Report).
West African Resources Ltd (WFRSF)
The company’s shares closed last Monday at $0.76.
According to TipRanks.com, Stella is ranked #6301 out of 7915 analysts.
West African Resources Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $1.02.
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Alkane Resources Ltd (ALKEF)
The company’s shares closed last Wednesday at $0.45, equals to its 52-week low of $0.45.
According to TipRanks.com, Watson is a 1-star analyst with an average return of
Alkane Resources Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $0.97.
BHP Group Ltd (BHPLF)
In a report released yesterday, Liam Fitzpatrick from Deutsche Bank maintained a Hold rating on BHP Group Ltd, with a price target of p2200.00. The company’s shares closed last Tuesday at $25.49, close to its 52-week low of $23.76.
According to TipRanks.com, Fitzpatrick is ranked #1233 out of 7915 analysts.
Currently, the analyst consensus on BHP Group Ltd is a Moderate Buy with an average price target of $30.83, which is a 29.2% upside from current levels. In a report issued on July 6, Credit Suisse also initiated coverage with a Hold rating on the stock with a price target.
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