Companies in the Materials sector have received a lot of coverage today as analysts weigh in on West Fraser Timber Co (WFG – Research Report), First Quantum Minerals (FQVLF – Research Report) and Arizona Metals (AZMCF – Research Report).
West Fraser Timber Co (WFG)
Scotiabank analyst Ben Isaacson maintained a Buy rating on West Fraser Timber Co today and set a price target of $100.00. The company’s shares closed last Monday at $82.98.
According to TipRanks.com, Isaacson is a 4-star analyst with an average return of
Currently, the analyst consensus on West Fraser Timber Co is a Strong Buy with an average price target of $98.58, which is a 18.4% upside from current levels. In a report issued on January 9, RBC Capital also maintained a Buy rating on the stock with a $97.00 price target.
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First Quantum Minerals (FQVLF)
In a report released today, Orest Wowkodaw from Scotiabank maintained a Hold rating on First Quantum Minerals, with a price target of C$14.50. The company’s shares closed last Monday at $8.96, close to its 52-week low of $6.92.
According to TipRanks.com, Wowkodaw is a 5-star analyst with an average return of
Currently, the analyst consensus on First Quantum Minerals is a Hold with an average price target of $12.68, which is a 39.5% upside from current levels. In a report issued on January 16, UBS also initiated coverage with a Hold rating on the stock with a C$16.00 price target.
Arizona Metals (AZMCF)
In a report released today, Eric Winmill from Scotiabank maintained a Buy rating on Arizona Metals, with a price target of C$4.50. The company’s shares closed last Monday at $1.54, close to its 52-week low of $1.45.
According to TipRanks.com, Winmill is a 1-star analyst with an average return of
Currently, the analyst consensus on Arizona Metals is a Moderate Buy with an average price target of $4.45, implying a 192.8% upside from current levels. In a report issued on January 10, Stifel Nicolaus also maintained a Buy rating on the stock with a C$7.50 price target.
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