Analysts have been eager to weigh in on the Materials sector with new ratings on De Grey Mining Ltd (DGMLF – Research Report) and Core Lithium Ltd (CXOXF – Research Report).
De Grey Mining Ltd (DGMLF)
Macquarie analyst Andrew Bowler maintained a Buy rating on De Grey Mining Ltd today and set a price target of A$1.80. The company’s shares closed last Monday at $0.70.
According to TipRanks.com, Bowler is a 1-star analyst with an average return of
De Grey Mining Ltd has an analyst consensus of Strong Buy, with a price target consensus of $1.08, representing a 50.0% upside. In a report issued on September 28, RBC Capital also maintained a Buy rating on the stock with a A$1.70 price target.
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Core Lithium Ltd (CXOXF)
In a report released today, Kate McCutcheon from Citi maintained a Sell rating on Core Lithium Ltd, with a price target of A$0.35. The company’s shares closed last Monday at $0.26, close to its 52-week low of $0.21.
According to TipRanks.com, McCutcheon is a 4-star analyst with an average return of
Currently, the analyst consensus on Core Lithium Ltd is a Hold with an average price target of $0.35.
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