Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Lundin Gold (LUGDF – Research Report) and Ero Copper (ERO – Research Report).
Lundin Gold (LUGDF)
Raymond James analyst Craig Stanley maintained a Buy rating on Lundin Gold today and set a price target of C$21.00. The company’s shares closed last Tuesday at $13.84.
Stanley has an average return of
According to TipRanks.com, Stanley is ranked #7730 out of 8792 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lundin Gold with a $16.06 average price target, implying a 17.3% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a C$23.00 price target.
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Ero Copper (ERO)
Raymond James analyst Farooq Hamed maintained a Hold rating on Ero Copper today and set a price target of C$30.00. The company’s shares closed last Tuesday at $19.21.
According to TipRanks.com, Hamed has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Ero Copper with a $21.37 average price target, which is a 13.3% upside from current levels. In a report issued on April 9, Scotiabank also maintained a Hold rating on the stock with a C$30.00 price target.
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