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Analysts Offer Insights on Materials Companies: Lithium Americas (Argentina) Corp. (LAAC), Artemis Gold (OtherARGTF) and Franco-Nevada (FNV)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Lithium Americas (Argentina) Corp. (LAACResearch Report), Artemis Gold (ARGTFResearch Report) and Franco-Nevada (FNVResearch Report).

Lithium Americas (Argentina) Corp. (LAAC)

Scotiabank analyst Ben Isaacson maintained a Hold rating on Lithium Americas (Argentina) Corp. today and set a price target of $8.00. The company’s shares closed last Tuesday at $4.76, close to its 52-week low of $3.84.

According to TipRanks.com, Isaacson is a 4-star analyst with an average return of 8.0% and a 46.5% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Sociedad Quimica Y Minera SA, West Fraser Timber Co, and CF Holdings.

Lithium Americas (Argentina) Corp. has an analyst consensus of Hold, with a price target consensus of $8.00.

See the top stocks recommended by analysts >>

Artemis Gold (ARGTF)

RBC Capital analyst Wayne Lam maintained a Buy rating on Artemis Gold yesterday and set a price target of C$9.00. The company’s shares closed last Tuesday at $5.90.

According to TipRanks.com, Lam ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -8.7% and a 46.8% success rate. Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Osisko Development, and Argonaut Gold.

Artemis Gold has an analyst consensus of Strong Buy, with a price target consensus of $8.82, a 53.7% upside from current levels. In a report issued on February 23, BMO Capital also maintained a Buy rating on the stock with a C$13.00 price target.

Franco-Nevada (FNV)

In a report released today, Tanya Jakusconek from Scotiabank maintained a Hold rating on Franco-Nevada, with a price target of $141.00. The company’s shares closed last Tuesday at $112.52.

According to TipRanks.com, Jakusconek is ranked 0 out of 5 stars with an average return of -8.6% and a 41.9% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Compania de Minas Buenaventura SAA, Wheaton Precious Metals, and Anglogold Ashanti PLC.

Currently, the analyst consensus on Franco-Nevada is a Moderate Buy with an average price target of $135.53, which is a 22.7% upside from current levels. In a report issued on February 28, Jefferies also initiated coverage with a Hold rating on the stock with a $117.00 price target.

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