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Analysts’ Top Materials Picks: Franco-Nevada (FNV), Barrick Mining (B)

Tipranks - Wed Feb 11, 11:14AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Franco-Nevada (FNVResearch Report) and Barrick Mining (BResearch Report) with bullish sentiments.

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Franco-Nevada (FNV)

Stifel Nicolaus analyst Ingrid Rico maintained a Buy rating on Franco-Nevada today and set a price target of C$380.00. The company’s shares closed last Tuesday at $251.89.

According to TipRanks.com, Rico is a top 100 analyst with an average return of 41.6% and a 74.4% success rate. Rico covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Eldorado Gold, and OR Royalties. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Franco-Nevada with a $282.07 average price target, representing a 13.9% upside. In a report issued on January 30, TipRanks – xAI also initiated coverage with a Buy rating on the stock with a C$414.00 price target.

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Barrick Mining (B)

Stifel Nicolaus analyst Ralph M. Profiti maintained a Buy rating on Barrick Mining today and set a price target of C$95.00. The company’s shares closed last Tuesday at $46.79.

According to TipRanks.com, Profiti is a 5-star analyst with an average return of 41.9% and a 72.7% success rate. Profiti covers the Basic Materials sector, focusing on stocks such as Osisko Development, G Mining Ventures, and Freeport-McMoRan. ;'>

Barrick Mining has an analyst consensus of Strong Buy, with a price target consensus of $57.72, representing a 24.1% upside. In a report issued on January 29, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $68.00 price target.

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