Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Pan American Silver (PAAS – Research Report) and IAMGOLD (IAG – Research Report).
Pan American Silver (PAAS)
Scotiabank analyst Ovais Habib maintained a Buy rating on Pan American Silver today and set a price target of $22.00. The company’s shares closed last Monday at $15.42.
According to TipRanks.com, Habib is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pan American Silver with a $20.25 average price target, implying a 29.4% upside from current levels. In a report issued on December 11, BMO Capital also initiated coverage with a Buy rating on the stock with a C$25.00 price target.
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IAMGOLD (IAG)
In a report released today, Tanya Jakusconek from Scotiabank maintained a Hold rating on IAMGOLD, with a price target of $3.25. The company’s shares closed last Monday at $2.55.
According to TipRanks.com, Jakusconek is a 1-star analyst with an average return of
IAMGOLD has an analyst consensus of Moderate Buy, with a price target consensus of $2.94, which is a 19.0% upside from current levels. In a report issued on December 11, RBC Capital also maintained a Hold rating on the stock with a $2.75 price target.
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