Analysts Offer Insights on Materials Companies: Aura Minerals (AUGO), Redox Limited (AU:RDX) and Linq Minerals Limited (AU:LNQ)
There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Aura Minerals (AUGO – Research Report), Redox Limited (AU:RDX – Research Report) and Linq Minerals Limited (AU:LNQ – Research Report) with bullish sentiments.
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Aura Minerals (AUGO)
Goldman Sachs analyst Marcio Farid maintained a Buy rating on Aura Minerals on January 13 and set a price target of $68.00. The company’s shares closed last Wednesday at $65.54.
According to TipRanks.com, Farid is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aura Minerals with a $69.00 average price target, representing a 3.7% upside. In a report issued on January 19, Bank of America Securities also maintained a Buy rating on the stock with a $70.00 price target.
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Redox Limited (AU:RDX)
Morgan Stanley analyst Chenny Wang maintained a Buy rating on Redox Limited yesterday and set a price target of A$3.50. The company’s shares closed last Thursday at A$3.20.
According to TipRanks.com, Wang is ranked #2452 out of 12040 analysts.
Currently, the analyst consensus on Redox Limited is a Moderate Buy with an average price target of A$3.50, which is a 10.8% upside from current levels. In a report issued on January 16, TipRanks – Anthropic also initiated coverage with a Buy rating on the stock with a A$3.50 price target.
Linq Minerals Limited (AU:LNQ)
Bell Potter analyst David Coates maintained a Buy rating on Linq Minerals Limited yesterday and set a price target of A$0.90. The company’s shares closed last Wednesday at A$0.65.
According to TipRanks.com, Coates is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Linq Minerals Limited with an A$0.90 average price target.
