Analysts Are Bullish on These Materials Stocks: Centerra Gold (CGAU), IAMGOLD (IAG)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Centerra Gold (CGAU – Research Report) and IAMGOLD (IAG – Research Report) with bullish sentiments.
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Centerra Gold (CGAU)
CIBC analyst Luke Bertozzi maintained a Buy rating on Centerra Gold yesterday and set a price target of C$30.00. The company’s shares closed last Friday at $18.36.
Bertozzi has an average return of
According to TipRanks.com, Bertozzi is ranked #2888 out of 12040 analysts.
Currently, the analyst consensus on Centerra Gold is a Moderate Buy with an average price target of $18.55, a 0.7% upside from current levels. In a report issued on January 20, BMO Capital also upgraded the stock to Buy with a C$32.00 price target.
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IAMGOLD (IAG)
National Bank analyst Mike Parkin maintained a Buy rating on IAMGOLD yesterday and set a price target of C$34.00. The company’s shares closed last Friday at $20.95.
Parkin has an average return of
According to TipRanks.com, Parkin is ranked #937 out of 12040 analysts.
Currently, the analyst consensus on IAMGOLD is a Strong Buy with an average price target of $19.63, which is a -3.3% downside from current levels. In a report issued on January 15, TipRanks – xAI also upgraded the stock to Buy with a C$27.00 price target.
