Analysts Offer Insights on Materials Companies: Barrick Mining (B) and Iperionx Ltd. ADR (IPX)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Barrick Mining (B – Research Report) and Iperionx Ltd. ADR (IPX – Research Report) with bullish sentiments.
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Barrick Mining (B)
In a report released yesterday, Josh Wolfson from RBC Capital maintained a Buy rating on Barrick Mining, with a price target of $62.00. The company’s shares closed last Thursday at $44.49.
According to TipRanks.com, Wolfson is a top 100 analyst with an average return of
Currently, the analyst consensus on Barrick Mining is a Strong Buy with an average price target of $59.96, which is a 32.7% upside from current levels. In a report issued on February 26, Bank of America Securities also maintained a Buy rating on the stock with a $58.00 price target.
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Iperionx Ltd. ADR (IPX)
Roth MKM analyst Joseph Reagor maintained a Buy rating on Iperionx Ltd. ADR yesterday and set a price target of $71.00. The company’s shares closed last Thursday at $40.56.
According to TipRanks.com, Reagor is a 5-star analyst with an average return of
Currently, the analyst consensus on Iperionx Ltd. ADR is a Moderate Buy with an average price target of $71.00.
