There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Piedmont Lithium (PLL – Research Report) and A-Mark Precious Metals (AMRK – Research Report) with bullish sentiments.
Piedmont Lithium (PLL)
D.A. Davidson analyst Matt Summerville maintained a Buy rating on Piedmont Lithium today and set a price target of $96.00. The company’s shares closed last Tuesday at $27.75, close to its 52-week low of $25.81.
According to TipRanks.com, Summerville is a 3-star analyst with an average return of
Piedmont Lithium has an analyst consensus of Strong Buy, with a price target consensus of $65.75, representing a 136.1% upside. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $55.00 price target.
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A-Mark Precious Metals (AMRK)
In a report released today, Tom Forte from D.A. Davidson reiterated a Buy rating on A-Mark Precious Metals, with a price target of $44.00. The company’s shares closed last Tuesday at $26.35, close to its 52-week low of $25.52.
According to TipRanks.com, Forte is a 5-star analyst with an average return of
A-Mark Precious Metals has an analyst consensus of Strong Buy, with a price target consensus of $43.00, implying a 57.9% upside from current levels. In a report released today, Northland Securities also maintained a Buy rating on the stock with a $40.00 price target.
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