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Analysts’ Opinions Are Mixed on These Materials Stocks: IAMGOLD (IAG), Osisko Gold Royalties (OR) and Pan American Silver (PAAS)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on IAMGOLD (IAGResearch Report), Osisko Gold Royalties (ORResearch Report) and Pan American Silver (PAASResearch Report).

IAMGOLD (IAG)

RBC Capital analyst Wayne Lam maintained a Hold rating on IAMGOLD on May 13 and set a price target of $3.00. The company’s shares closed last Thursday at $4.40, close to its 52-week high of $4.55.

According to TipRanks.com, Lam is a 1-star analyst with an average return of -0.5% and a 55.5% success rate. Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Argonaut Gold, and Equinox Gold.

Currently, the analyst consensus on IAMGOLD is a Moderate Buy with an average price target of $3.93, representing a -11.5% downside. In a report issued on May 10, Scotiabank also maintained a Hold rating on the stock with a $3.75 price target.

See the top stocks recommended by analysts >>

Osisko Gold Royalties (OR)

RBC Capital analyst Josh Wolfson maintained a Buy rating on Osisko Gold Royalties on May 13 and set a price target of $19.00. The company’s shares closed last Thursday at $16.30.

According to TipRanks.com, Wolfson is a 4-star analyst with an average return of 4.7% and a 62.9% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Anglogold Ashanti PLC, and Newmont Mining.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Osisko Gold Royalties with a $19.24 average price target, representing a 17.1% upside. In a report issued on May 10, Stifel Nicolaus also maintained a Buy rating on the stock with a C$28.00 price target.

Pan American Silver (PAAS)

RBC Capital analyst Michael Siperco maintained a Buy rating on Pan American Silver on May 13 and set a price target of $21.00. The company’s shares closed last Thursday at $20.60, close to its 52-week high of $21.08.

According to TipRanks.com, Siperco is a 4-star analyst with an average return of 4.1% and a 52.7% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Novagold Resources New, Hecla Mining Company, and SilverCrest Metals.

Pan American Silver has an analyst consensus of Strong Buy, with a price target consensus of $20.63, implying a 0.3% upside from current levels. In a report issued on May 9, Scotiabank also maintained a Buy rating on the stock with a $20.00 price target.

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