There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Gold Road Resources Ltd (ELKMF – Research Report), Incitec Pivot Limited (ICPVF – Research Report) and Nufarm Limited (NUFMF – Research Report) with bullish sentiments.
Gold Road Resources Ltd (ELKMF)
In a report released today, Levi Spry from UBS maintained a Buy rating on Gold Road Resources Ltd, with a price target of A$2.15. The company’s shares closed last Thursday at $1.07.
According to TipRanks.com, Spry is a 3-star analyst with an average return of
Gold Road Resources Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $1.24.
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Incitec Pivot Limited (ICPVF)
UBS analyst Nathan Reilly maintained a Buy rating on Incitec Pivot Limited today and set a price target of A$3.40. The company’s shares closed last Wednesday at $1.85.
Reilly has an average return of
According to TipRanks.com, Reilly is ranked #1684 out of 8856 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Incitec Pivot Limited with a $2.05 average price target, representing a 10.8% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a A$3.35 price target.
Nufarm Limited (NUFMF)
In a report released today, Evan Karatzas from UBS maintained a Buy rating on Nufarm Limited, with a price target of A$7.00. The company’s shares closed last Tuesday at $3.35.
Karatzas has an average return of
According to TipRanks.com, Karatzas is ranked #3691 out of 8856 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nufarm Limited with a $4.45 average price target.
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