Northland Securities analyst Greg Gibas maintained a Buy rating on A-Mark Precious Metals (AMRK – Research Report) today and set a price target of $40.00. The company’s shares closed yesterday at $27.11.
Gibas covers the Consumer Cyclical sector, focusing on stocks such as Accel Entertainment, DraftKings, and FGI Industries Ltd. According to TipRanks, Gibas has an average return of 16.7% and a 44.09% success rate on recommended stocks.
A-Mark Precious Metals has an analyst consensus of Strong Buy, with a price target consensus of $40.50.
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The company has a one-year high of $40.37 and a one-year low of $22.97. Currently, A-Mark Precious Metals has an average volume of 261K.
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A-Mark Precious Metals (AMRK) Company Description:
A-Mark Precious Metals, Inc. engages in the trading of precious metals. It operates through the following segments: Wholesale Trading and Ancillary Services; Secured Lending; and Direct Sales. The Wholesale Trading and Ancillary Services segment offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grain, ingots, and coins. The Secured Lending segment serves coin and precious metal dealers, investors, and collectors. The Direct Sales segment sells precious metals to the investor community. The company was founded by Steven C. Markoff on April 9, 1965 and is headquartered in El Segundo, CA.
Read More on AMRK:
- A-Mark Precious Metals Reports Fiscal Second Quarter 2024 Results
- A-Mark Precious Metals to acquire LPM Group for upfront consideration of $41.5M
- A-Mark to Acquire LPM Group Limited, One of Asia’s Largest Precious Metals Dealers, Representing A-Mark’s Expansion into Asia
- Is AMRK a Buy, Before Earnings?
- A-Mark Precious Metals Sets Fiscal Second Quarter 2024 Earnings Call for Tuesday, February 6, at 4:30 p.m. ET
