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Analysts Offer Insights on Materials Companies: Barrick Mining (B) and Capstone Copper (OtherCSCCF)

Tipranks - Thu Feb 19, 6:12AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Barrick Mining (BResearch Report) and Capstone Copper (CSCCFResearch Report) with bullish sentiments.

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Barrick Mining (B)

Canaccord Genuity analyst Carey MacRury maintained a Buy rating on Barrick Mining yesterday and set a price target of C$77.00. The company’s shares closed last Tuesday at $46.65.

According to TipRanks.com, MacRury is a top 100 analyst with an average return of 31.4% and a 66.8% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Metalla Royalty & Streaming, Wheaton Precious Metals, and Eldorado Gold. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Barrick Mining with a $58.71 average price target, a 26.4% upside from current levels. In a report issued on February 3, RBC Capital also maintained a Buy rating on the stock with a $53.00 price target.

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Capstone Copper (CSCCF)

In a report released yesterday, Dalton Baretto from Canaccord Genuity maintained a Buy rating on Capstone Copper, with a price target of C$19.00. The company’s shares closed last Tuesday at $10.91.

According to TipRanks.com, Baretto is a 5-star analyst with an average return of 27.6% and a 59.8% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Hecla Mining Company, and Silvercorp Metals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Capstone Copper with a $13.12 average price target, a 13.1% upside from current levels. In a report issued on February 2, TipRanks – OpenAI also upgraded the stock to Buy with a C$17.00 price target.

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