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Analysts’ Opinions Are Mixed on These Materials Stocks: Coeur Mining (CDE) and Rio Tinto Limited (OtherRTNTF)

Tipranks - Wed Apr 15, 11:34PM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Coeur Mining (CDE) and Rio Tinto Limited (RTNTF).

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Coeur Mining (CDE)

Roth MKM analyst Joseph Reagor maintained a Buy rating on Coeur Mining today and set a price target of $24.00. The company’s shares closed last Tuesday at $21.17.

According to TipRanks.com, Reagor is a 5-star analyst with an average return of 28.9% and a 52.5% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Anglogold Ashanti PLC, Hecla Mining Company, and Avino Silver & Gold. ;'>

Currently, the analyst consensus on Coeur Mining is a Strong Buy with an average price target of $26.86, implying a 28.1% upside from current levels. In a report issued on April 11, TipRanks – Google also reiterated a Buy rating on the stock with a $23.50 price target.

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Rio Tinto Limited (RTNTF)

In a report released today, Alain Gabriel from Morgan Stanley maintained a Hold rating on Rio Tinto Limited, with a price target of A$163.00. The company’s shares closed last Monday at $121.62.

According to TipRanks.com, Gabriel is a 5-star analyst with an average return of 16.3% and a 65.1% success rate. Gabriel covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, BHP Group Ltd, and FRESNILLO. ;'>

Rio Tinto Limited has an analyst consensus of Moderate Buy, with a price target consensus of $113.26, representing a -4.2% downside. In a report issued on April 9, TipRanks – xAI also downgraded the stock to Hold with a A$188.00 price target.

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