Analysts have been eager to weigh in on the Materials sector with new ratings on West Fraser Timber Co (WFG – Research Report) and First Quantum Minerals (FQVLF – Research Report).
West Fraser Timber Co (WFG)
Scotiabank analyst Ben Isaacson maintained a Buy rating on West Fraser Timber Co today and set a price target of $100.00. The company’s shares closed last Tuesday at $78.61.
According to TipRanks.com, Isaacson is a 4-star analyst with an average return of
West Fraser Timber Co has an analyst consensus of Strong Buy, with a price target consensus of $99.56, implying a 27.0% upside from current levels. In a report issued on April 11, CIBC also maintained a Buy rating on the stock with a C$140.00 price target.
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First Quantum Minerals (FQVLF)
In a report released today, Orest Wowkodaw from Scotiabank maintained a Hold rating on First Quantum Minerals, with a price target of C$15.00. The company’s shares closed last Tuesday at $11.35.
According to TipRanks.com, Wowkodaw is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Quantum Minerals with a $12.71 average price target, which is a 9.7% upside from current levels. In a report issued on April 16, Barclays also maintained a Hold rating on the stock with a C$16.00 price target.
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