There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh (AU:CRN – Research Report), South32 Ltd. (GB:S32 – Research Report) and Atlantic Lithium (GB:ALL – Research Report) with bullish sentiments.
Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh (AU:CRN)
Goldman Sachs analyst Paul Young maintained a Buy rating on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh yesterday and set a price target of A$2.08. The company’s shares closed last Wednesday at A$1.37.
According to TipRanks.com, Young is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh with an A$2.05 average price target, implying a 48.0% upside from current levels. In a report released today, UBS also maintained a Buy rating on the stock with a A$1.85 price target.
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South32 Ltd. (GB:S32)
Barclays analyst Ian Rossouw CFA maintained a Buy rating on South32 Ltd. on February 18 and set a price target of £1.93. The company’s shares closed last Tuesday at p146.40, close to its 52-week high of p155.14.
According to TipRanks.com, CFA is ranked #6254 out of 8726 analysts.
South32 Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of p188.35, a 29.0% upside from current levels. In a report issued on February 12, RBC Capital also maintained a Buy rating on the stock with a A$3.80 price target.
Atlantic Lithium (GB:ALL)
In a report issued on February 5, Sam Catalano from Wilsons maintained a Buy rating on Atlantic Lithium, with a price target of A$1.05. The company’s shares closed yesterday at p19.30.
According to TipRanks.com, Catalano is a 1-star analyst with an average return of
Atlantic Lithium has an analyst consensus of Strong Buy, with a price target consensus of p48.46, a 151.1% upside from current levels. In a report issued on January 22, Macquarie also maintained a Buy rating on the stock with a A$0.56 price target.
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