Analysts’ Top Materials Picks: Coeur Mining (CDE), Nevada King Gold Corp (NKGFF)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Coeur Mining (CDE) and Nevada King Gold Corp (NKGFF) with bullish sentiments.
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Coeur Mining (CDE)
In a report released yesterday, Kevin O’Halloran from BMO Capital resumed coverage with a Buy rating on Coeur Mining and a price target of $27.00. The company’s shares closed last Wednesday at $18.76.
According to TipRanks.com, O’Halloran is a top 25 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coeur Mining with a $27.19 average price target, representing a 48.5% upside. In a report issued on March 12, RBC Capital also maintained a Buy rating on the stock with a $26.00 price target.
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Nevada King Gold Corp (NKGFF)
Atrium Research analyst Ben Pirie maintained a Buy rating on Nevada King Gold Corp yesterday and set a price target of C$0.40. The company’s shares closed last Tuesday at $0.17, close to its 52-week low of $0.14.
According to TipRanks.com, Pirie is a top 25 analyst with an average return of
Currently, the analyst consensus on Nevada King Gold Corp is a Moderate Buy with an average price target of $0.44, representing a 223.8% upside. In a report released yesterday, Desjardins also maintained a Buy rating on the stock with a C$0.80 price target.
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- Coeur Mining resumed with an Outperform at BMO Capital
- Coeur Mining upgraded to Outperform from Sector Perform at ATB Capital
- Coeur Mining upgraded to Buy from Hold at Cantor Fitzgerald
- Coeur Mining Launches Debt Exchange to Optimize Capital Structure
- Coeur Mining announces $750M share repurchase plan, inaugural dividend policy
