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Analysts Offer Insights on Materials Companies: Xinyi Glass Holdings (OtherXYIGF), BHP Group Ltd (OtherBHPLF) and AIC Mines Limited (OtherIAUFF)

Analysts have been eager to weigh in on the Materials sector with new ratings on Xinyi Glass Holdings (XYIGFResearch Report), BHP Group Ltd (BHPLFResearch Report) and AIC Mines Limited (IAUFFResearch Report).

Xinyi Glass Holdings (XYIGF)

In a report issued on December 21, Johnson Wan from Jefferies maintained a Hold rating on Xinyi Glass Holdings, with a price target of HK$11.52. The company’s shares closed last Friday at $1.03, close to its 52-week low of $1.00.

According to TipRanks.com, Wan is a 2-star analyst with an average return of -1.4% and a 41.2% success rate. Wan covers the Basic Materials sector, focusing on stocks such as China Resources Cement Holdings, Lee & Man Paper Manufacturing, and Nine Dragons Paper Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Xinyi Glass Holdings with a $1.48 average price target.

See the top stocks recommended by analysts >>

BHP Group Ltd (BHPLF)

In a report issued on December 21, Chris LaFemina from Jefferies maintained a Buy rating on BHP Group Ltd, with a price target of p2900.00. The company’s shares closed last Friday at $33.90.

According to TipRanks.com, LaFemina is a 4-star analyst with an average return of 4.9% and a 53.9% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Ivanhoe Electric Inc., and Rio Tinto Limited.

Currently, the analyst consensus on BHP Group Ltd is a Hold with an average price target of $34.59, a 1.7% upside from current levels. In a report issued on December 8, Macquarie also maintained a Buy rating on the stock with a A$50.00 price target.

AIC Mines Limited (IAUFF)

Jefferies analyst Daniel Roden maintained a Buy rating on AIC Mines Limited on December 21 and set a price target of A$0.50. The company’s shares closed last Tuesday at $0.19, close to its 52-week low of $0.17.

According to TipRanks.com, Roden is ranked #6874 out of 8665 analysts.

Currently, the analyst consensus on AIC Mines Limited is a Moderate Buy with an average price target of $0.44.

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