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Analysts Offer Insights on Materials Companies: Wheaton Precious Metals (WPM), Koryx Copper (OtherKRYXF) and Eldorado Gold (EGO)

Tipranks - Thu Apr 16, 2:14PM CDT

There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Wheaton Precious Metals (WPM), Koryx Copper (KRYXF) and Eldorado Gold (EGO) with bullish sentiments.

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Wheaton Precious Metals (WPM)

Stifel Nicolaus analyst Ingrid Rico maintained a Buy rating on Wheaton Precious Metals today and set a price target of C$250.00. The company’s shares closed last Wednesday at $147.73.

According to TipRanks.com, Rico is a top 100 analyst with an average return of 38.3% and a 73.0% success rate. Rico covers the Basic Materials sector, focusing on stocks such as Eldorado Gold, Franco-Nevada, and Equinox Gold. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wheaton Precious Metals with a $177.02 average price target, a 20.9% upside from current levels. In a report issued on April 1, Berenberg Bank also maintained a Buy rating on the stock with a p11200.00 price target.

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Koryx Copper (KRYXF)

In a report released today, Cole McGill from Stifel Nicolaus maintained a Buy rating on Koryx Copper, with a price target of C$4.50. The company’s shares closed last Wednesday at $2.49.

According to TipRanks.com, McGill is a 5-star analyst with an average return of 31.4% and a 57.1% success rate. McGill covers the Basic Materials sector, focusing on stocks such as Goliath Resources, Lithium Argentina, and GoGold Resources. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Koryx Copper with a $3.62 average price target.

Eldorado Gold (EGO)

National Bank analyst Don DeMarco maintained a Buy rating on Eldorado Gold today and set a price target of C$70.00. The company’s shares closed last Wednesday at $34.40.

DeMarco has an average return of 68.5% when recommending Eldorado Gold. ;'>

According to TipRanks.com, DeMarco is ranked #36 out of 12179 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Eldorado Gold with a $51.03 average price target, representing a 39.8% upside. In a report released today, BMO Capital also maintained a Buy rating on the stock with a C$82.00 price target.

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