Companies in the Materials sector have received a lot of coverage today as analysts weigh in on OceanaGold (OCANF – Research Report), Westlake Chemical (WLK – Research Report) and Regis Resources Limited (RGRNF – Research Report).
OceanaGold (OCANF)
RBC Capital analyst Wayne Lam maintained a Buy rating on OceanaGold on May 6 and set a price target of C$4.00. The company’s shares closed last Friday at $2.34.
According to TipRanks.com, Lam is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for OceanaGold with a $3.07 average price target, which is a 27.9% upside from current levels. In a report issued on April 22, Jefferies also maintained a Buy rating on the stock with a C$4.00 price target.
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Westlake Chemical (WLK)
RBC Capital analyst Arun Viswanathan maintained a Hold rating on Westlake Chemical on May 7 and set a price target of $158.00. The company’s shares closed last Friday at $158.15, close to its 52-week high of $162.64.
According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Westlake Chemical with a $168.50 average price target, which is a 6.9% upside from current levels. In a report issued on May 2, Barclays also maintained a Hold rating on the stock with a $160.00 price target.
Regis Resources Limited (RGRNF)
In a report issued on May 6, Alex Barkley from RBC Capital maintained a Buy rating on Regis Resources Limited, with a price target of A$2.50. The company’s shares closed last Thursday at $1.39.
According to TipRanks.com, Barkley is a 4-star analyst with an average return of
Regis Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of $1.46, a 5.0% upside from current levels. In a report issued on April 24, Canaccord Genuity also maintained a Buy rating on the stock with a A$2.55 price target.
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