Analysts have been eager to weigh in on the Materials sector with new ratings on South32 Ltd. (GB:S32 – Research Report), Vesuvius (GB:VSVS – Research Report) and Matador Mining Ltd (AU:MZZ – Research Report).
South32 Ltd. (GB:S32)
In a report released yesterday, Rahul Anand from Morgan Stanley maintained a Buy rating on South32 Ltd., with a price target of A$3.35. The company’s shares closed last Wednesday at p173.00.
According to TipRanks.com, Anand is a 5-star analyst with an average return of
Currently, the analyst consensus on South32 Ltd. is a Moderate Buy with an average price target of p196.32, implying a 14.5% upside from current levels. In a report issued on April 15, RBC Capital also maintained a Buy rating on the stock with a A$3.70 price target.
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Vesuvius (GB:VSVS)
J.P. Morgan analyst Lushanthan Mahendrarajah reiterated a Hold rating on Vesuvius yesterday and set a price target of p460.00. The company’s shares closed last Wednesday at p470.75.
According to TipRanks.com, Mahendrarajah is ranked #1889 out of 8794 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vesuvius with a p578.75 average price target.
Matador Mining Ltd (AU:MZZ)
Shaw and Partners analyst Dorab Postmaster maintained a Buy rating on Matador Mining Ltd yesterday and set a price target of A$0.19. The company’s shares closed last Wednesday at A$0.08.
Postmaster has an average return of
According to TipRanks.com, Postmaster is ranked #2000 out of 8794 analysts.
Matador Mining Ltd has an analyst consensus of Moderate Buy, with a price target consensus of A$0.19.
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