The Materials sector company, Triple Flag Precious Metals (TFPM – Research Report), has received a rating update from a Wall Street analyst on December 4. Analyst Josh Wolfson from RBC Capital remains bullish on the stock and has a $15.00 price target.
According to TipRanks.com, Wolfson is a 4-star analyst with an average return of 2.5% and a 57.1% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Anglogold Ashanti PLC.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Triple Flag Precious Metals with a C$23.34 average price target, a 23.9% upside from current levels. In a report issued on December 1, Raymond James also maintained a Buy rating on the stock with a C$23.50 price target.
The company has a one-year high of C$23.54 and a one-year low of C$16.39. Currently, Triple Flag Precious Metals has an average volume of 103.3K.
Triple Flag Precious Metals Corp is a gold-focused royalty and streaming company. Its assets portfolio includes Northparkes, Fosterville, Cerro Lindo, and Pumpkin Hollow among others.
The company’s shares closed last Tuesday at C$18.60.
Read More on TSE:TFPM:
