There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Nutrien (NTR – Research Report), Wheaton Precious Metals (WPM – Research Report) and Hecla Mining Company (HL – Research Report) with bullish sentiments.
Nutrien (NTR)
In a report released yesterday, Joel Jackson from BMO Capital reiterated a Buy rating on Nutrien, with a price target of $80.00. The company’s shares closed last Thursday at $58.17.
According to TipRanks.com, Jackson is a 4-star analyst with an average return of
Currently, the analyst consensus on Nutrien is a Moderate Buy with an average price target of $66.20, a 17.9% upside from current levels. In a report issued on April 26, Berenberg Bank also upgraded the stock to Buy with a $66.00 price target.
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Wheaton Precious Metals (WPM)
In a report released today, Jackie Przybylowski from BMO Capital maintained a Buy rating on Wheaton Precious Metals, with a price target of $59.00. The company’s shares closed last Thursday at $55.78, close to its 52-week high of $56.01.
According to TipRanks.com, Przybylowski is a 5-star analyst with an average return of
Wheaton Precious Metals has an analyst consensus of Strong Buy, with a price target consensus of $56.30, a 2.7% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $59.00 price target.
Hecla Mining Company (HL)
BMO Capital analyst Kevin O’Halloran reiterated a Buy rating on Hecla Mining Company yesterday and set a price target of $6.00. The company’s shares closed last Thursday at $5.47.
According to TipRanks.com, O’Halloran is a 5-star analyst with an average return of
Hecla Mining Company has an analyst consensus of Strong Buy, with a price target consensus of $6.71, implying a 32.6% upside from current levels. In a report released yesterday, Cantor Fitzgerald also upgraded the stock to Buy with a $6.00 price target.
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