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Analysts Offer Insights on Materials Companies: Iperionx Ltd. ADR (IPX) and Gold Royalty (GROY)

Tipranks - Wed Apr 29, 5:48AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Iperionx Ltd. ADR (IPX) and Gold Royalty (GROY) with bullish sentiments.

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Iperionx Ltd. ADR (IPX)

William Blair analyst Neal Dingmann maintained a Buy rating on Iperionx Ltd. ADR today. The company’s shares closed last Monday at $32.65.

According to TipRanks.com, Dingmann is a 3-star analyst with an average return of 1.7% and a 48.5% success rate. Dingmann covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Kodiak Gas Services, Inc., and Riley Exploration Permian. ;'>

Iperionx Ltd. ADR has an analyst consensus of Strong Buy, with a price target consensus of $54.33.

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Gold Royalty (GROY)

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Gold Royalty yesterday and set a price target of $6.75. The company’s shares closed last Monday at $3.56.

According to TipRanks.com, Ihle is a top 25 analyst with an average return of 58.9% and a 70.3% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Tanzanian Royalty Exploration, 5E Advanced Materials, Inc., and TMC the metals company Inc. ;'>

Gold Royalty has an analyst consensus of Moderate Buy, with a price target consensus of $6.88.

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