Analysts have been eager to weigh in on the Materials sector with new ratings on Evolution Mining Limited (CAHPF – Research Report), Pilbara Minerals Limited (PILBF – Research Report) and Iluka Resources Limited (ILKAF – Research Report).
Evolution Mining Limited (CAHPF)
Goldman Sachs analyst Hugo Nicolaci maintained a Buy rating on Evolution Mining Limited on April 19 and set a price target of A$4.25. The company’s shares closed last Friday at $2.59.
According to TipRanks.com, Nicolaci is a 4-star analyst with an average return of
Currently, the analyst consensus on Evolution Mining Limited is a Moderate Buy with an average price target of $2.63, representing a 2.7% upside. In a report issued on April 5, J.P. Morgan also maintained a Buy rating on the stock with a A$4.20 price target.
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Pilbara Minerals Limited (PILBF)
Morgans analyst Adrian Prendergast downgraded Pilbara Minerals Limited to Hold today and set a price target of A$4.10. The company’s shares closed last Friday at $2.40.
According to TipRanks.com, Prendergast is a 5-star analyst with an average return of
Currently, the analyst consensus on Pilbara Minerals Limited is a Hold with an average price target of $2.37, a 0.9% upside from current levels. In a report released today, Macquarie also maintained a Hold rating on the stock with a A$4.20 price target.
Iluka Resources Limited (ILKAF)
In a report released today, Dim Ariyasinghe from UBS maintained a Hold rating on Iluka Resources Limited, with a price target of A$7.70. The company’s shares closed last Thursday at $4.78, close to its 52-week low of $4.25.
Ariyasinghe has an average return of
According to TipRanks.com, Ariyasinghe is ranked #4223 out of 8786 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Iluka Resources Limited with a $5.01 average price target, representing a 4.8% upside. In a report issued on April 19, Bernstein also maintained a Hold rating on the stock with a A$7.40 price target.
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