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’ Top Materials Picks: First Majestic Silver (AG), Franco-Nevada (FNV)

Tipranks - Tipranks - Thu May 14, 10:04AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on First Majestic Silver (AG) and Franco-Nevada (FNV) with bullish sentiments.

Claim 55% Off TipRanks

First Majestic Silver (AG)

BMO Capital analyst Kevin O’Halloran maintained a Buy rating on First Majestic Silver today and set a price target of C$35.00. The company’s shares closed last Wednesday at $23.91.

According to TipRanks.com, O’Halloran is a top 25 analyst with an average return of 72.5% and a 91.7% success rate. O’Halloran covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Hecla Mining Company, and Endeavour Silver. ;'>

Currently, the analyst consensus on First Majestic Silver is a Moderate Buy with an average price target of $26.41, implying a 9.6% upside from current levels. In a report issued on April 30, TipRanks – xAI also upgraded the stock to Buy with a C$29.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Franco-Nevada (FNV)

In a report released today, Matt Murphy from BMO Capital maintained a Buy rating on Franco-Nevada, with a price target of C$410.00. The company’s shares closed last Wednesday at $237.81.

According to TipRanks.com, Murphy is a top 100 analyst with an average return of 36.3% and a 75.5% success rate. Murphy covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Nexa Resources SA. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Franco-Nevada with a $306.68 average price target, which is a 29.9% upside from current levels. In a report issued on April 29, Canaccord Genuity also upgraded the stock to Buy with a C$415.00 price target.

Read More on AG:

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.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).