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.

Analysts Are Bullish on Top Materials Stocks: Cemex SAB (CX), Dakota Gold Corp (DC)

Tipranks - Wed Jul 8, 6:46AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Cemex SAB (CX) and Dakota Gold Corp (DC) with bullish sentiments.

4th of July Sale - 70% Off

Cemex SAB (CX)

In a report released today, Carlos Peyrelongue from Bank of America Securities maintained a Buy rating on Cemex SAB, with a price target of $14.75. The company’s shares closed last Monday at $12.32.

According to TipRanks.com, Peyrelongue is a 3-star analyst with an average return of 3.4% and a 62.9% success rate. Peyrelongue covers the Industrial Goods sector, focusing on stocks such as Grupo Aeroportuario del Pacifico, Corporacion America Airports SA, and Grupo Aeroportuario del Sureste. ;'>

Currently, the analyst consensus on Cemex SAB is a Moderate Buy with an average price target of $14.01.

See Insiders’ Hot Stocks on TipRanks >>

Dakota Gold Corp (DC)

In a report released today, Eric Winmill from Scotiabank maintained a Buy rating on Dakota Gold Corp, with a price target of $10.00. The company’s shares closed last Monday at $4.51.

According to TipRanks.com, Winmill is a 5-star analyst with an average return of 48.9% and a 64.7% success rate. Winmill covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Hecla Mining Company, and Fortuna Mining Corp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dakota Gold Corp with a $10.25 average price target.

Read More on CX:

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.