Analysts Have Conflicting Sentiments on These Materials Companies: Equinox Gold (EQX) and Knife River Corporation (KNF)
Analysts have been eager to weigh in on the Materials sector with new ratings on Equinox Gold (EQX – Research Report) and Knife River Corporation (KNF – Research Report).
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Equinox Gold (EQX)
In a report released today, Ingrid Rico from Stifel Nicolaus maintained a Buy rating on Equinox Gold, with a price target of C$25.00. The company’s shares closed last Friday at $16.19.
According to TipRanks.com, Rico is a top 25 analyst with an average return of
Currently, the analyst consensus on Equinox Gold is a Strong Buy with an average price target of $16.50, representing a 3.1% upside. In a report issued on January 14, Canaccord Genuity also maintained a Buy rating on the stock with a C$23.50 price target.
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Knife River Corporation (KNF)
In a report released today, Adrian Huerta from J.P. Morgan maintained a Hold rating on Knife River Corporation. The company’s shares closed last Friday at $73.46.
According to TipRanks.com, Huerta is ranked #1490 out of 12040 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Knife River Corporation with a $93.00 average price target, a 24.1% upside from current levels. In a report issued on January 13, Wells Fargo also downgraded the stock to Hold with a $81.00 price target.
