tiprankstipranks
Blurbs

Analysts Offer Insights on Materials Companies: Ero Copper (ERO), Danimer Scientific (DNMR) and Wheaton Precious Metals (WPM)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Ero Copper (EROResearch Report), Danimer Scientific (DNMRResearch Report) and Wheaton Precious Metals (WPMResearch Report).

Ero Copper (ERO)

In a report released today, Alex Terentiew from Stifel Nicolaus maintained a Hold rating on Ero Copper, with a price target of C$22.00. The company’s shares closed last Thursday at $11.66, close to its 52-week low of $11.00.

According to TipRanks.com, Terentiew is ranked 0 out of 5 stars with an average return of -9.4% and a 28.1% success rate. Terentiew covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Hudbay Minerals, and Capstone Copper.

Currently, the analyst consensus on Ero Copper is a Hold with an average price target of $17.43, a 47.8% upside from current levels. In a report issued on November 14, BMO Capital also initiated coverage with a Hold rating on the stock with a C$22.00 price target.

See the top stocks recommended by analysts >>

Danimer Scientific (DNMR)

In a report released yesterday, Laurence Alexander from Jefferies maintained a Buy rating on Danimer Scientific, with a price target of $3.75. The company’s shares closed last Thursday at $1.49, close to its 52-week low of $1.32.

According to TipRanks.com, Alexander is a 4-star analyst with an average return of 1.8% and a 52.4% success rate. Alexander covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Eastman Chemical.

Currently, the analyst consensus on Danimer Scientific is a Strong Buy with an average price target of $3.58, representing a 143.5% upside. In a report issued on November 15, TD Cowen also maintained a Buy rating on the stock with a $3.00 price target.

Wheaton Precious Metals (WPM)

Stifel Nicolaus analyst Ingrid Rico maintained a Buy rating on Wheaton Precious Metals today and set a price target of C$68.00. The company’s shares closed last Thursday at $45.87.

According to TipRanks.com, Rico is a 2-star analyst with an average return of -0.7% and a 42.9% success rate. Rico covers the Basic Materials sector, focusing on stocks such as Osisko Gold Royalties, Sandstorm Gold, and Franco-Nevada.

Wheaton Precious Metals has an analyst consensus of Strong Buy, with a price target consensus of $51.73, a 14.6% upside from current levels. In a report issued on November 9, Bank of America Securities also maintained a Buy rating on the stock with a $53.00 price target.

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 ERO:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles