Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Lundin Gold (LUGDF – Research Report), Ero Copper (ERO – Research Report) and OceanaGold (OCANF – Research Report).
Lundin Gold (LUGDF)
Jefferies analyst Chris LaFemina maintained a Buy rating on Lundin Gold today and set a price target of C$23.00. The company’s shares closed last Monday at $13.83.
According to TipRanks.com, LaFemina is a 4-star analyst with an average return of
Lundin Gold has an analyst consensus of Moderate Buy, with a price target consensus of $15.74.
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Ero Copper (ERO)
In a report released today, Ralph M. Profiti from Eight Capital maintained a Hold rating on Ero Copper, with a price target of C$30.00. The company’s shares closed last Monday at $19.41.
According to TipRanks.com, Profiti is ranked #3431 out of 8786 analysts.
Currently, the analyst consensus on Ero Copper is a Hold with an average price target of $21.05, representing a 6.4% upside. In a report issued on April 9, Scotiabank also maintained a Hold rating on the stock with a C$30.00 price target.
OceanaGold (OCANF)
Jefferies analyst Matt Murphy maintained a Buy rating on OceanaGold today and set a price target of C$4.00. The company’s shares closed last Monday at $2.21.
According to TipRanks.com, Murphy is a 5-star analyst with an average return of
OceanaGold has an analyst consensus of Strong Buy, with a price target consensus of $3.01, representing a 35.0% upside. In a report issued on April 8, Cormark Securities also upgraded the stock to Buy with a C$4.25 price target.
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