There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Alcoa (AA – Research Report), Barrick Gold (GOLD – Research Report) and Victoria Gold (VITFF – Research Report) with bullish sentiments.
Alcoa (AA)
Citi analyst Alexander Hacking maintained a Buy rating on Alcoa on January 17 and set a price target of $32.00. The company’s shares closed last Monday at $27.73, close to its 52-week low of $23.07.
According to TipRanks.com, Hacking is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Alcoa with a $32.25 average price target.
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Barrick Gold (GOLD)
Stifel Nicolaus analyst Ingrid Rico maintained a Buy rating on Barrick Gold on January 17 and set a price target of C$30.00. The company’s shares closed last Monday at $15.57.
According to TipRanks.com, Rico 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 Barrick Gold with a $22.01 average price target, a 42.7% upside from current levels. In a report issued on January 17, Scotiabank also maintained a Buy rating on the stock with a $25.00 price target.
Victoria Gold (VITFF)
In a report issued on January 17, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Victoria Gold, with a price target of C$24.00. The company’s shares closed last Monday at $4.80.
According to TipRanks.com, Ihle has 0 stars on 0-5 stars ranking scale with an average return of
Victoria Gold has an analyst consensus of Strong Buy, with a price target consensus of $13.41.
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