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Analysts Offer Insights on Materials Companies: Corteva (CTVA), B2Gold (BTG) and OR Royalties (OR)

Tipranks - Fri May 8, 7:24AM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Corteva (CTVA), B2Gold (BTG) and OR Royalties (OR).

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Corteva (CTVA)

UBS analyst Joshua Spector maintained a Hold rating on Corteva today and set a price target of $90.00. The company’s shares closed last Wednesday at $81.77.

According to TipRanks.com, Spector is a 4-star analyst with an average return of 5.7% and a 54.9% success rate. Spector covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Corteva has an analyst consensus of Moderate Buy, with a price target consensus of $88.83, implying an 8.0% upside from current levels. In a report issued on May 2, TipRanks – OpenAI also downgraded the stock to Hold with a $88.00 price target.

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B2Gold (BTG)

BMO Capital analyst Brian Quast maintained a Buy rating on B2Gold today and set a price target of C$9.50. The company’s shares closed last Wednesday at $4.48.

According to TipRanks.com, Quast is a 5-star analyst with an average return of 24.1% and a 59.4% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Americas Gold and Silver, and Alkane Resources Ltd. ;'>

Currently, the analyst consensus on B2Gold is a Hold with an average price target of $7.06.

OR Royalties (OR)

BMO Capital analyst Rene Cartier maintained a Hold rating on OR Royalties today and set a price target of C$67.00. The company’s shares closed last Wednesday at $38.74.

According to TipRanks.com, Cartier is a 5-star analyst with an average return of 28.1% and a 61.3% success rate. Cartier covers the Basic Materials sector, focusing on stocks such as Metalla Royalty & Streaming, Capstone Copper, and Western Copper. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OR Royalties with a $51.23 average price target, a 33.5% upside from current levels. In a report issued on April 22, TipRanks – xAI also reiterated a Hold rating on the stock with a C$63.00 price target.

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