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Analysts’ Opinions Are Mixed on These Materials Stocks: Osisko Gold Royalties (OR), Ingevity (NGVT) and Lundin Gold (OtherLUGDF)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Osisko Gold Royalties (ORResearch Report), Ingevity (NGVTResearch Report) and Lundin Gold (LUGDFResearch Report).

Osisko Gold Royalties (OR)

In a report released today, Rene Cartier from BMO Capital maintained a Hold rating on Osisko Gold Royalties, with a price target of C$23.00. The company’s shares closed last Thursday at $12.95.

According to TipRanks.com, Cartier is a 5-star analyst with an average return of 12.8% and a 40.5% success rate. Cartier covers the Basic Materials sector, focusing on stocks such as Metalla Royalty & Streaming, Capstone Copper, and Sandstorm Gold.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Osisko Gold Royalties with a $17.89 average price target.

See the top stocks recommended by analysts >>

Ingevity (NGVT)

In a report released today, John McNulty from BMO Capital maintained a Hold rating on Ingevity, with a price target of $43.00. The company’s shares closed last Thursday at $38.91, close to its 52-week low of $38.10.

According to TipRanks.com, McNulty is a 4-star analyst with an average return of 2.6% and a 50.9% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as DuPont de Nemours, Westlake Chemical, and Chemours Company.

Ingevity has an analyst consensus of Hold, with a price target consensus of $47.50, a 22.0% upside from current levels. In a report issued on November 6, CJS Securities also downgraded the stock to Hold with a $49.00 price target.

Lundin Gold (LUGDF)

BMO Capital analyst Brian Quast maintained a Buy rating on Lundin Gold today and set a price target of C$21.00. The company’s shares closed last Wednesday at $11.81.

According to TipRanks.com, Quast is a 4-star analyst with an average return of 3.0% and a 45.7% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, Eldorado Gold, and Alamos Gold.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lundin Gold with a $14.22 average price target.

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