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Analysts Offer Insights on Materials Companies: Lithium Argentina (LAR) and Franco-Nevada (FNV)

Tipranks - Fri May 15, 4:12AM CDT

Analysts fell to the sidelines weighing in on Lithium Argentina (LAR) and Franco-Nevada (FNV) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Lithium Argentina (LAR)

BMO Capital analyst Joel Jackson maintained a Hold rating on Lithium Argentina yesterday and set a price target of C$11.00. The company’s shares closed last Wednesday at $10.81, close to its 52-week high of $12.38.

According to TipRanks.com, Jackson is a 5-star analyst with an average return of 14.8% and a 60.6% success rate. Jackson covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Sociedad Quimica Y Minera SA, and Cf Industries Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lithium Argentina with a $11.18 average price target.

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Franco-Nevada (FNV)

In a report released yesterday, Tanya Jakusconek from Scotiabank maintained a Hold rating on Franco-Nevada, with a price target of $286.00. The company’s shares closed last Wednesday at $240.79.

According to TipRanks.com, Jakusconek is a 5-star analyst with an average return of 23.8% and a 66.5% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Compania de Minas Buenaventura SAA, Wheaton Precious Metals, and Anglogold Ashanti PLC. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Franco-Nevada with a $306.75 average price target, a 29.9% upside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a C$353.00 price target.

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