Analysts Conflicted on These Materials Names: Tianqi Lithium Corp. Class H (HK:9696) and Nufarm Limited (OtherNUFMF)

Analysts have been eager to weigh in on the Materials sector with new ratings on Tianqi Lithium Corp. Class H (HK:9696 – Research Report) and Nufarm Limited (NUFMF – Research Report).

Tianqi Lithium Corp. Class H (HK:9696)

In a report issued on April 1, Joy Zhang from Goldman Sachs downgraded Tianqi Lithium Corp. Class H to Sell, with a price target of HK$26.00. The company’s shares closed yesterday at HK$38.00.

According to TipRanks.com, Zhang is a 4-star analyst with an average return of 19.1% and a 76.9% success rate. Zhang covers the Basic Materials sector, focusing on stocks such as Nine Dragons Paper Holdings, Zhaojin Mining Industry Co, and Jiangxi Copper Company.

Tianqi Lithium Corp. Class H has an analyst consensus of Hold, with a price target consensus of HK$36.38.

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Nufarm Limited (NUFMF)

In a report released yesterday, Ord Minnett from Ord Minnett maintained a Buy rating on Nufarm Limited, with a price target of A$7.70. The company’s shares closed last Monday at $3.51.

Nufarm Limited has an analyst consensus of Strong Buy, with a price target consensus of $4.12.

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