Skip to main content

Analysts Conflicted on These Materials Names: Lynas Rare Earths (OtherLYSCF) and Franco-Nevada (FNV)

Tipranks - Thu Mar 12, 6:10PM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Lynas Rare Earths (LYSCFResearch Report) and Franco-Nevada (FNVResearch Report).

Claim 70% Off TipRanks Premium

Lynas Rare Earths (LYSCF)

Bell Potter analyst Regan Burrows upgraded Lynas Rare Earths to Hold today and set a price target of A$19.00. The company’s shares closed last Wednesday at $14.31.

According to TipRanks.com, Burrows is ranked #2696 out of 12124 analysts.

Currently, the analyst consensus on Lynas Rare Earths is a Moderate Buy with an average price target of $12.18, which is a -16.0% downside from current levels. In a report issued on February 27, TipRanks – OpenAI also reiterated a Hold rating on the stock with a A$18.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Franco-Nevada (FNV)

CIBC analyst Cosmos Chiu maintained a Buy rating on Franco-Nevada today and set a price target of C$480.00. The company’s shares closed last Wednesday at $265.72.

According to TipRanks.com, Chiu is a 5-star analyst with an average return of 26.4% and a 63.0% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Torex Gold Resources, and Fortuna Mining Corp. ;'>

Currently, the analyst consensus on Franco-Nevada is a Moderate Buy with an average price target of $295.02, a 9.9% upside from current levels. In a report issued on March 2, RBC Capital also maintained a Buy rating on the stock with a $260.00 price target.

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.
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.