There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Taseko Mines (TGB – Research Report) and Victoria Gold (VITFF – Research Report) with bullish sentiments.
Taseko Mines (TGB)
In a report released yesterday, Rene Cartier from BMO Capital maintained a Buy rating on Taseko Mines, with a price target of C$2.75. The company’s shares closed last Wednesday at $1.17.
According to TipRanks.com, Cartier is a 5-star analyst with an average return of
Taseko Mines has an analyst consensus of Moderate Buy, with a price target consensus of $2.06, a 74.6% upside from current levels. In a report issued on September 25, Stifel Nicolaus also maintained a Buy rating on the stock with a C$3.60 price target.
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Victoria Gold (VITFF)
In a report released yesterday, Andrew Mikitchook from BMO Capital maintained a Buy rating on Victoria Gold, with a price target of C$15.00. The company’s shares closed last Wednesday at $3.98, close to its 52-week low of $3.95.
According to TipRanks.com, Mikitchook is ranked #1773 out of 8547 analysts.
Currently, the analyst consensus on Victoria Gold is a Moderate Buy with an average price target of $14.45.
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