Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Hudbay Minerals (HBM – Research Report), Lundin Gold (LUGDF – Research Report) and Fortuna Silver Mines (FSM – Research Report).
Hudbay Minerals (HBM)
In a report released today, Orest Wowkodaw from Scotiabank maintained a Buy rating on Hudbay Minerals, with a price target of C$10.50. The company’s shares closed last Thursday at $4.26, close to its 52-week low of $4.12.
According to TipRanks.com, Wowkodaw is a 5-star analyst with an average return of
Hudbay Minerals has an analyst consensus of Strong Buy, with a price target consensus of $6.92, implying a 58.7% upside from current levels. In a report released today, BMO Capital also maintained a Buy rating on the stock with a C$9.50 price target.
See the top stocks recommended by analysts >>
Fortuna Silver Mines (FSM)
In a report released today, Eric Winmill from Scotiabank maintained a Hold rating on Fortuna Silver Mines, with a price target of $4.25. The company’s shares closed last Thursday at $3.07.
According to TipRanks.com, Winmill is a 1-star analyst with an average return of
Fortuna Silver Mines has an analyst consensus of Hold, with a price target consensus of $4.14.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on HBM:
