Analysts fell to the sidelines weighing in on Ardagh Metal Packaging (AMBP – Research Report), Eldorado Gold (EGO – Research Report) and IAMGOLD (IAG – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Ardagh Metal Packaging (AMBP)
RBC Capital analyst Arun Viswanathan maintained a Hold rating on Ardagh Metal Packaging on October 30 and set a price target of $4.00. The company’s shares closed last Thursday at $3.46.
According to TipRanks.com, Viswanathan is a 3-star analyst with an average return of
Ardagh Metal Packaging has an analyst consensus of Moderate Buy, with a price target consensus of $3.73, implying a 9.1% upside from current levels. In a report issued on October 16, Bank of America Securities also maintained a Hold rating on the stock with a $3.00 price target.
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Eldorado Gold (EGO)
RBC Capital analyst Michael Siperco maintained a Hold rating on Eldorado Gold on October 30 and set a price target of $10.00. The company’s shares closed last Thursday at $10.92.
According to TipRanks.com, Siperco has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eldorado Gold with a $11.46 average price target, a 3.2% upside from current levels. In a report issued on October 27, Scotiabank also maintained a Hold rating on the stock with a $12.00 price target.
IAMGOLD (IAG)
In a report issued on October 30, Wayne Lam from RBC Capital maintained a Hold rating on IAMGOLD, with a price target of $2.75. The company’s shares closed last Thursday at $2.54.
According to TipRanks.com, Lam has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on IAMGOLD is a Moderate Buy with an average price target of $3.04, a 18.8% upside from current levels. In a report issued on November 1, Canaccord Genuity also maintained a Hold rating on the stock with a C$4.00 price target.
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Read More on AMBP:
- Ardagh Metal Packaging price target lowered to $4 from $5 at Barclays
- Ardagh Metal Beverage sees 2023 adjusted EBITDA $610M
- Ardagh Metal Beverage reports Q3 adjusted EPS 6c, consensus 5c
- Ardagh Metal Beverage price target lowered to $3 from $4 at BofA
- Ardagh Metal Beverage price target lowered to $4 from $5 at Citi
