Analysts have been eager to weigh in on the Materials sector with new ratings on Saturn Metals Ltd. (AU:STN – Research Report), Talga Group Ltd. (TLGRF – Research Report) and 29metals Ltd. (AU:29M – Research Report).
Saturn Metals Ltd. (AU:STN)
Shaw and Partners analyst Andrew Hines maintained a Buy rating on Saturn Metals Ltd. on July 13 and set a price target of A$0.44. The company’s shares closed last Thursday at A$0.20.
According to TipRanks.com, Hines is ranked #8419 out of 8533 analysts.
Currently, the analyst consensus on Saturn Metals Ltd. is a Moderate Buy with an average price target of A$0.44.
See Insiders’ Hot Stocks on TipRanks >>
Talga Group Ltd. (TLGRF)
Macquarie analyst Macquarie maintained a Buy rating on Talga Group Ltd. yesterday and set a price target of A$2.00. The company’s shares closed last Wednesday at $0.93.
Talga Group Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of $1.75.
29metals Ltd. (AU:29M)
In a report released yesterday, William Thurlow from Ord Minnett maintained a Hold rating on 29metals Ltd., with a price target of A$0.85. The company’s shares closed last Thursday at A$0.72.
According to TipRanks.com, Thurlow is ranked #5661 out of 8533 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for 29metals Ltd. with an A$0.84 average price target, representing a 20.9% upside. In a report issued on July 17, RBC Capital also maintained a Hold rating on the stock with a A$0.90 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
