Skip to main content

Analysts Have Conflicting Sentiments on These Materials Companies: Evolution Mining (OtherCAHPF) and Northern Star Resources Ltd (OtherNESRF)

Tipranks - Wed Jan 28, 2:08AM CST

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Evolution Mining (CAHPFResearch Report) and Northern Star Resources Ltd (NESRFResearch Report).

Claim 50% Off TipRanks Premium

Evolution Mining (CAHPF)

Ord Minnett analyst Paul Kaner maintained a Hold rating on Evolution Mining today and set a price target of A$12.30. The company’s shares closed last Monday at $10.72.

According to TipRanks.com, Kaner is a top 100 analyst with an average return of 41.9% and a 74.2% success rate. Kaner covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Sandfire Resources Limited, and Ramelius Resources Limited. ;'>

Currently, the analyst consensus on Evolution Mining is a Moderate Sell with an average price target of $8.26, a -19.6% downside from current levels. In a report issued on January 13, Canaccord Genuity also downgraded the stock to Hold with a A$13.75 price target.

See Insiders’ Hot Stocks on TipRanks >>

Northern Star Resources Ltd (NESRF)

Jarden analyst Ben Lyons maintained a Sell rating on Northern Star Resources Ltd on January 23 and set a price target of A$17.20. The company’s shares closed last Monday at $19.23.

According to TipRanks.com, Lyons is a 3-star analyst with an average return of 2.9% and a 61.3% success rate. Lyons covers the Basic Materials sector, focusing on stocks such as Sandfire Resources Limited, Fortescue Metals Group Ltd, and Mineral Resources Limited. ;'>

Currently, the analyst consensus on Northern Star Resources Ltd is a Moderate Buy with an average price target of $20.23.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.