Analysts Offer Insights on Materials Companies: Nutrien (NTR) and Sandfire Resources Limited (OtherSFRRF)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Nutrien (NTR – Research Report) and Sandfire Resources Limited (SFRRF – Research Report) with bullish sentiments.
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Nutrien (NTR)
J.P. Morgan analyst Jeffrey Zekauskas maintained a Buy rating on Nutrien today and set a price target of $78.00. The company’s shares closed last Thursday at $71.78.
According to TipRanks.com, Zekauskas is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nutrien with a $70.08 average price target, implying a 1.0% upside from current levels. In a report issued on February 18, TD Cowen also maintained a Buy rating on the stock with a $80.00 price target.
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Sandfire Resources Limited (SFRRF)
In a report released yesterday, Kaan Peker from RBC Capital maintained a Buy rating on Sandfire Resources Limited, with a price target of A$20.00. The company’s shares closed last Monday at $12.60.
According to TipRanks.com, Peker is a 5-star analyst with an average return of
Sandfire Resources Limited has an analyst consensus of Hold, with a price target consensus of $13.09, a 3.9% upside from current levels. In a report released yesterday, Canaccord Genuity also upgraded the stock to Buy with a A$21.00 price target.
