There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on De Grey Mining Ltd (DGMLF – Research Report) and Carbios SA (COOSF – Research Report) with bullish sentiments.
De Grey Mining Ltd (DGMLF)
RBC Capital analyst Alex Barkley maintained a Buy rating on De Grey Mining Ltd on September 28 and set a price target of A$1.70. The company’s shares closed last Friday at $0.68.
According to TipRanks.com, Barkley is a 1-star analyst with an average return of
Currently, the analyst consensus on De Grey Mining Ltd is a Strong Buy with an average price target of $1.08, implying a 58.9% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a A$1.70 price target.
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Carbios SA (COOSF)
In a report issued on September 28, Baptiste de Leudeville from Kepler Capital maintained a Buy rating on Carbios SA, with a price target of EUR53.00. The company’s shares closed last Thursday at $23.90.
According to TipRanks.com, Leudeville is ranked #5118 out of 8548 analysts.
Currently, the analyst consensus on Carbios SA is a Moderate Buy with an average price target of $54.98.
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