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Analysts Have Conflicting Sentiments on These Materials Companies: Royal Gold (RGLD), Warrior Met Coal (HCC) and Mineral Resources Limited (OtherMALRF)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Royal Gold (RGLDResearch Report), Warrior Met Coal (HCCResearch Report) and Mineral Resources Limited (MALRFResearch Report).

Royal Gold (RGLD)

RBC Capital analyst Josh Wolfson maintained a Buy rating on Royal Gold on February 20 and set a price target of $145.00. The company’s shares closed last Thursday at $104.21, close to its 52-week low of $101.82.

According to TipRanks.com, Wolfson is a 2-star analyst with an average return of 0.3% and a 50.4% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Anglogold Ashanti PLC, and Osisko Gold Royalties.

Royal Gold has an analyst consensus of Hold, with a price target consensus of $137.00, implying a 30.2% upside from current levels. In a report issued on February 15, National Bank also upgraded the stock to Buy with a $150.00 price target.

See the top stocks recommended by analysts >>

Warrior Met Coal (HCC)

RBC Capital analyst Sam Crittenden maintained a Hold rating on Warrior Met Coal on February 20 and set a price target of $64.00. The company’s shares closed last Thursday at $57.58.

According to TipRanks.com, Crittenden is a 5-star analyst with an average return of 18.8% and a 59.6% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Nexa Resources SA, and Solaris Resources.

The word on The Street in general, suggests a Hold analyst consensus rating for Warrior Met Coal with a $70.50 average price target, a 24.8% upside from current levels. In a report issued on February 14, BMO Capital also maintained a Hold rating on the stock with a $60.00 price target.

Mineral Resources Limited (MALRF)

RBC Capital analyst Kaan Peker maintained a Buy rating on Mineral Resources Limited on February 19 and set a price target of A$77.00. The company’s shares closed last Tuesday at $39.06, close to its 52-week low of $35.21.

According to TipRanks.com, Peker ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.6% and a 36.5% success rate. Peker covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, Sandfire Resources Limited, and Pilbara Minerals Limited.

Mineral Resources Limited has an analyst consensus of Hold, with a price target consensus of $42.48, implying an 8.8% upside from current levels. In a report issued on February 16, J.P. Morgan also maintained a Buy rating on the stock with a A$72.00 price target.

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