Analysts have been eager to weigh in on the Materials sector with new ratings on Silver Lake Resources Limited (SVLKF – Research Report), Mineral Resources Limited (MALRF – Research Report) and Fortescue Metals Group Ltd (FSUMF – Research Report).
Silver Lake Resources Limited (SVLKF)
Ord Minnett analyst Paul Kaner maintained a Buy rating on Silver Lake Resources Limited today and set a price target of A$2.30.
According to TipRanks.com, Kaner is a 5-star analyst with an average return of
Silver Lake Resources Limited has an analyst consensus of Strong Buy, with a price target consensus of $1.10, representing a 23.2% upside. In a report issued on April 18, Canaccord Genuity also maintained a Buy rating on the stock with a A$1.75 price target.
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Fortescue Metals Group Ltd (FSUMF)
Citi analyst Paul McTaggart maintained a Hold rating on Fortescue Metals Group Ltd today and set a price target of A$23.50.
According to TipRanks.com, McTaggart is a 5-star analyst with an average return of
Currently, the analyst consensus on Fortescue Metals Group Ltd is a Strong Sell with an average price target of $12.76.
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