Analysts’ Top Materials Picks: TRONOX (TROX), Gold Royalty (GROY)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on TRONOX (TROX – Research Report) and Gold Royalty (GROY – Research Report) with bullish sentiments.
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TRONOX (TROX)
In a report released today, William Stein from Truist Financial maintained a Buy rating on TRONOX. The company’s shares closed last Tuesday at $4.71.
According to TipRanks.com, Stein is a top 25 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for TRONOX with a $4.66 average price target, implying a 0.2% upside from current levels. In a report issued on November 28, Alembic Global also maintained a Buy rating on the stock with a $5.00 price target.
See the top stocks recommended by analysts >>
Gold Royalty (GROY)
In a report released today, Tate Sullivan from Maxim Group maintained a Buy rating on Gold Royalty, with a price target of $5.00. The company’s shares closed last Tuesday at $4.08.
According to TipRanks.com, Sullivan is a 3-star analyst with an average return of
Currently, the analyst consensus on Gold Royalty is a Strong Buy with an average price target of $4.93, representing a 27.4% upside. In a report released yesterday, National Bank also maintained a Buy rating on the stock with a $5.50 price target.
