Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Pilbara Minerals Limited (PILBF – Research Report) and Mineral Resources Limited (MALRF – Research Report).
Pilbara Minerals Limited (PILBF)
J.P. Morgan analyst Al Harvey maintained a Hold rating on Pilbara Minerals Limited on February 22 and set a price target of A$3.30. The company’s shares closed last Friday at $2.40.
According to TipRanks.com, Harvey is a 4-star analyst with an average return of
Currently, the analyst consensus on Pilbara Minerals Limited is a Hold with an average price target of $2.21.
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Mineral Resources Limited (MALRF)
In a report issued on February 22, Lyndon Fagan from J.P. Morgan maintained a Buy rating on Mineral Resources Limited, with a price target of A$70.00. The company’s shares closed last Friday at $39.88.
According to TipRanks.com, Fagan is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Mineral Resources Limited with a $42.19 average price target, which is a 5.8% upside from current levels. In a report issued on February 12, RBC Capital also maintained a Buy rating on the stock with a A$77.00 price target.
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