Analysts have been eager to weigh in on the Materials sector with new ratings on SSR Mining (SSRM – Research Report), BHP Group Ltd (BHPLF – Research Report) and Hecla Mining Company (HL – Research Report).
SSR Mining (SSRM)
Scotiabank analyst Ovais Habib maintained a Buy rating on SSR Mining on January 17 and set a price target of C$26.00. The company’s shares closed last Monday at $9.70.
According to TipRanks.com, Habib is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SSR Mining with a $15.02 average price target, representing a 55.5% upside. In a report issued on January 11, RBC Capital also maintained a Buy rating on the stock with a $15.00 price target.
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BHP Group Ltd (BHPLF)
Barclays analyst Amos Fletcher maintained a Hold rating on BHP Group Ltd on January 18 and set a price target of £26.20. The company’s shares closed last Monday at $29.45.
According to TipRanks.com, Fletcher is ranked #6502 out of 8673 analysts.
BHP Group Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $31.33, which is a 9.1% upside from current levels. In a report issued on January 9, Berenberg Bank also maintained a Hold rating on the stock with a p2300.00 price target.
Hecla Mining Company (HL)
H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Hecla Mining Company on January 17 and set a price target of $8.75. The company’s shares closed last Monday at $4.04, close to its 52-week low of $3.55.
According to TipRanks.com, Ihle has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Hecla Mining Company is a Strong Buy with an average price target of $6.92, which is a 75.2% upside from current levels. In a report issued on January 11, RBC Capital also maintained a Buy rating on the stock with a $6.00 price target.
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Read More on SSRM:
- SSR Mining reports Q4 production 211,100 gold equivalent ounces
- SSR Mining downgraded to Market Perform from Buy at Cormark
- SSR Mining announces sale of EMX units
- Highlander Silver enters share purchase agreement with SSR Mining
- SSR Mining to sell San Luis Project to Highlander Silver Corp. for $42.5M
