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Analysts Offer Insights on Materials Companies: Pan American Silver (PAAS) and Alamos Gold (AGI)

Tipranks - Fri Feb 27, 5:56AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Pan American Silver (PAASResearch Report) and Alamos Gold (AGIResearch Report) with bullish sentiments.

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Pan American Silver (PAAS)

Bank of America Securities analyst Lawson Winder maintained a Buy rating on Pan American Silver today and set a price target of $73.00. The company’s shares closed last Wednesday at $64.30.

According to TipRanks.com, Winder is a 5-star analyst with an average return of 23.0% and a 60.9% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Nexa Resources SA, and Cleveland-Cliffs. ;'>

Currently, the analyst consensus on Pan American Silver is a Strong Buy with an average price target of $66.80, implying a 0.5% upside from current levels. In a report issued on February 19, Scotiabank also maintained a Buy rating on the stock with a $64.00 price target.

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Alamos Gold (AGI)

Bank of America Securities analyst Sathish Kasinathan maintained a Buy rating on Alamos Gold today and set a price target of $48.00. The company’s shares closed last Wednesday at $50.02.

Kasinathan has an average return of 34.2% when recommending Alamos Gold. ;'>

According to TipRanks.com, Kasinathan is ranked #1034 out of 12136 analysts.

Currently, the analyst consensus on Alamos Gold is a Strong Buy with an average price target of $52.78, implying a 3.7% upside from current levels. In a report issued on February 19, Scotiabank also maintained a Buy rating on the stock with a $60.00 price target.

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