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Analysts Are Bullish on These Materials Stocks: Dakota Gold Corp (DC), Ecolab (ECL)

Tipranks - Fri Mar 20, 4:54PM CDT

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

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Dakota Gold Corp (DC)

In a report released yesterday, Peter Bell from Canaccord Genuity maintained a Buy rating on Dakota Gold Corp, with a price target of $16.00. The company’s shares closed last Thursday at $4.75.

Bell has an average return of 32.9% when recommending Dakota Gold Corp. ;'>

According to TipRanks.com, Bell is ranked #69 out of 12128 analysts.

Currently, the analyst consensus on Dakota Gold Corp is a Strong Buy with an average price target of $12.17, representing a 153.5% upside. In a report released yesterday, Scotiabank also maintained a Buy rating on the stock with a $10.00 price target.

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Ecolab (ECL)

William Blair analyst Tim Mulrooney maintained a Buy rating on Ecolab today. The company’s shares closed last Thursday at $258.70.

According to TipRanks.com, Mulrooney is a 4-star analyst with an average return of 7.8% and a 54.5% success rate. Mulrooney covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Montrose Environmental Group, and Concrete Pumping Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ecolab with a $324.59 average price target, a 25.1% upside from current levels. In a report issued on March 13, Berenberg Bank also upgraded the stock to Buy with a $326.00 price target.

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