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Analysts Are Bullish on These Materials Stocks: IAMGOLD (IAG), Knife River Corporation (KNF)

Tipranks - Thu Feb 19, 8:21AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on IAMGOLD (IAGResearch Report) and Knife River Corporation (KNFResearch Report) with bullish sentiments.

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IAMGOLD (IAG)

BMO Capital analyst Matt Murphy maintained a Buy rating on IAMGOLD yesterday and set a price target of C$36.00. The company’s shares closed last Tuesday at $20.81.

Murphy has an average return of 149.2% when recommending IAMGOLD. ;'>

According to TipRanks.com, Murphy is ranked #50 out of 12109 analysts.

IAMGOLD has an analyst consensus of Strong Buy, with a price target consensus of $24.50, representing a 18.6% upside. In a report issued on February 2, TipRanks – PerPlexity also upgraded the stock to Buy with a C$28.00 price target.

See the top stocks recommended by analysts >>

Knife River Corporation (KNF)

B. Riley Securities analyst Rohit Seth maintained a Buy rating on Knife River Corporation yesterday and set a price target of $92.00. The company’s shares closed last Tuesday at $93.97.

According to TipRanks.com, Seth is ranked #1761 out of 12109 analysts.

Knife River Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $98.67, an 11.1% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $109.00 price target.

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