Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Eldorado Gold (EGO – Research Report), Ivanhoe Mines (IVPAF – Research Report) and Pilbara Minerals Limited (PILBF – Research Report).
Eldorado Gold (EGO)
BMO Capital analyst Brian Quast maintained a Buy rating on Eldorado Gold on January 15 and set a price target of C$18.00. The company’s shares closed last Monday at $12.73.
According to TipRanks.com, Quast is a 3-star analyst with an average return of
Eldorado Gold has an analyst consensus of Hold, with a price target consensus of $12.78, implying a 2.2% upside from current levels. In a report issued on January 16, Stifel Nicolaus also maintained a Buy rating on the stock with a C$15.50 price target.
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Ivanhoe Mines (IVPAF)
BMO Capital analyst Andrew Mikitchook maintained a Buy rating on Ivanhoe Mines on January 16 and set a price target of C$18.00. The company’s shares closed last Monday at $9.82.
Mikitchook has an average return of
According to TipRanks.com, Mikitchook is ranked #2212 out of 8686 analysts.
Currently, the analyst consensus on Ivanhoe Mines is a Strong Buy with an average price target of $10.80, which is a 18.0% upside from current levels. In a report issued on January 9, Scotiabank also maintained a Buy rating on the stock with a C$14.00 price target.
Pilbara Minerals Limited (PILBF)
In a report released yesterday, Bell Potter Securities from Bell Potter maintained a Hold rating on Pilbara Minerals Limited, with a price target of A$3.60. The company’s shares closed last Monday at $2.17, close to its 52-week low of $2.08.
Currently, the analyst consensus on Pilbara Minerals Limited is a Hold with an average price target of $2.52.
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Read More on EGO:
- Eldorado Gold Produces 485,140 Ounces of Gold in 2023 With Strong Fourth Quarter Preliminary Gold Production of 143,166 Ounces; Achieves 2023 Production Guidance; Provides Conference Call Details
- Eldorado Gold Announces Appointment of Paul Ferneyhough as Executive Vice President and Chief Financial Officer
- Eldorado Gold names Paul Ferneyhough as new CFO
- Eldorado Gold provides exploration update from Ormaque deposit
- Eldorado Gold releases updated mineral reserve, mineral resource statement
