Analysts have been eager to weigh in on the Materials sector with new ratings on Cemex SAB (CX – Research Report) and Core Lithium Ltd (CXOXF – Research Report).
Cemex SAB (CX)
Bank of America Securities analyst Carlos Peyrelongue maintained a Hold rating on Cemex SAB today and set a price target of $8.20. The company’s shares closed last Wednesday at $6.25.
According to TipRanks.com, Peyrelongue is ranked #2720 out of 8547 analysts.
Currently, the analyst consensus on Cemex SAB is a Moderate Buy with an average price target of $9.38.
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Core Lithium Ltd (CXOXF)
In a report issued on September 30, Jon Bishop from Jarden maintained a Sell rating on Core Lithium Ltd, with a price target of A$0.34. The company’s shares closed last Wednesday at $0.24, close to its 52-week low of $0.21.
Bishop has an average return of
According to TipRanks.com, Bishop is ranked #4016 out of 8547 analysts.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Core Lithium Ltd with a $0.32 average price target, which is a 28.0% upside from current levels. In a report released yesterday, J.P. Morgan also downgraded the stock to Sell with a A$0.35 price target.
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