Analysts have been eager to weigh in on the Materials sector with new ratings on Compania de Minas Buenaventura SAA (BVN – Research Report), Freeport-McMoRan (FCX – Research Report) and MAG Silver (MAG – Research Report).
Compania de Minas Buenaventura SAA (BVN)
Scotiabank analyst Tanya Jakusconek maintained a Sell rating on Compania de Minas Buenaventura SAA today and set a price target of $12.50. The company’s shares closed last Wednesday at $14.38, close to its 52-week high of $15.74.
According to TipRanks.com, Jakusconek is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Compania de Minas Buenaventura SAA is a Moderate Sell with an average price target of $10.25.
See Insiders’ Hot Stocks on TipRanks >>
Freeport-McMoRan (FCX)
In a report released yesterday, Katja Jancic from BMO Capital assigned a Buy rating to Freeport-McMoRan, with a price target of $45.00. The company’s shares closed last Wednesday at $39.72.
According to TipRanks.com, Jancic is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Freeport-McMoRan with a $45.86 average price target, which is a 12.8% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $49.00 price target.
MAG Silver (MAG)
In a report released yesterday, Kevin O’Halloran from BMO Capital maintained a Buy rating on MAG Silver, with a price target of C$24.00. The company’s shares closed last Wednesday at $9.29, close to its 52-week low of $8.87.
According to TipRanks.com, O’Halloran is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for MAG Silver with a $16.20 average price target, which is a 70.7% upside from current levels. In a report issued on January 12, Raymond James also maintained a Buy rating on the stock with a C$21.50 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on BVN:
