Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Equinox Gold (EQX – Research Report) and LyondellBasell (LYB – Research Report).
Equinox Gold (EQX)
In a report issued on April 26, Kevin O’Halloran from BMO Capital maintained a Buy rating on Equinox Gold, with a price target of C$10.00. The company’s shares closed last Friday at $5.53.
According to TipRanks.com, O’Halloran is a 5-star analyst with an average return of
Equinox Gold has an analyst consensus of Moderate Buy, with a price target consensus of $6.50, a 23.1% upside from current levels. In a report issued on April 26, National Bank also upgraded the stock to Buy with a C$10.25 price target.
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LyondellBasell (LYB)
In a report issued on April 26, John McNulty from BMO Capital maintained a Hold rating on LyondellBasell, with a price target of $99.00. The company’s shares closed last Friday at $102.13.
According to TipRanks.com, McNulty is a 3-star analyst with an average return of
Currently, the analyst consensus on LyondellBasell is a Hold with an average price target of $106.00, which is a 4.6% upside from current levels. In a report issued on April 26, Alembic Global also maintained a Hold rating on the stock with a $105.00 price target.
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