There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Wheaton Precious Metals (WPM – Research Report) and NexGel Inc (NXGL – Research Report) with bullish sentiments.
Wheaton Precious Metals (WPM)
BMO Capital analyst Jackie Przybylowski maintained a Buy rating on Wheaton Precious Metals today and set a price target of $56.00. The company’s shares closed last Tuesday at $49.63, close to its 52-week high of $52.76.
According to TipRanks.com, Przybylowski 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 Wheaton Precious Metals with a $52.32 average price target, representing a 3.7% upside. In a report issued on May 3, Berenberg Bank also maintained a Buy rating on the stock with a $57.00 price target.
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NexGel Inc (NXGL)
In a report released yesterday, Naz Rahman from Maxim Group maintained a Buy rating on NexGel Inc, with a price target of $5.00. The company’s shares closed last Tuesday at $1.56.
According to TipRanks.com, Rahman is a 3-star analyst with an average return of
NexGel Inc has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.
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Read More on WPM:
- Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Lumina Gold’s Cangrejos Project
- Wheaton Precious Metals Announces Solid Start to 2023
- Wheaton Precious Metals Declares Quarterly Dividend
- WPM Earnings this Week: How Will it Perform?
- Wheaton Precious Metals price target raised to $43 from $42 at Barclays
