There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Northern Star Resources Ltd (NESRF – Research Report), Nufarm Limited (NUFMF – Research Report) and Imdex Ltd (IMDXF – Research Report) with bullish sentiments.
Northern Star Resources Ltd (NESRF)
Macquarie analyst Hayden Bairstow maintained a Buy rating on Northern Star Resources Ltd today and set a price target of A$15.00. The company’s shares closed last Thursday at $7.58.
According to TipRanks.com, Bairstow is a 1-star analyst with an average return of
Currently, the analyst consensus on Northern Star Resources Ltd is a Moderate Buy with an average price target of $7.80, representing a 4.0% upside. In a report issued on October 5, J.P. Morgan also upgraded the stock to Buy with a A$11.50 price target.
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Nufarm Limited (NUFMF)
In a report released today, Evan Karatzas from UBS maintained a Buy rating on Nufarm Limited, with a price target of A$7.00. The company’s shares closed last Tuesday at $2.97, equals to its 52-week low of $2.97.
Karatzas has an average return of
According to TipRanks.com, Karatzas is ranked #5193 out of 8571 analysts.
Nufarm Limited has an analyst consensus of Moderate Buy, with a price target consensus of $4.05.
Imdex Ltd (IMDXF)
Macquarie analyst Mitchell Sonogan maintained a Buy rating on Imdex Ltd today and set a price target of A$2.07. The company’s shares closed last Thursday at $1.03, equals to its 52-week low of $1.03.
According to TipRanks.com, Sonogan is ranked #5266 out of 8571 analysts.
Currently, the analyst consensus on Imdex Ltd is a Strong Buy with an average price target of $1.30.
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