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Analysts Are Bullish on These Materials Stocks: Zijin Mining Group Co (ZIJMF), Pilbara Minerals (PILBF)

Tipranks - Mon Feb 23, 7:16PM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Zijin Mining Group Co (ZIJMFResearch Report) and Pilbara Minerals (PILBFResearch Report) with bullish sentiments.

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Zijin Mining Group Co (ZIJMF)

In a report released today, Eunyoung Lee from DBS maintained a Buy rating on Zijin Mining Group Co, with a price target of HK$55.00. The company’s shares closed last Friday at $5.56.

Lee has an average return of 77.6% when recommending Zijin Mining Group Co. ;'>

According to TipRanks.com, Lee is ranked #859 out of 12109 analysts.

Currently, the analyst consensus on Zijin Mining Group Co is a Strong Buy with an average price target of $5.92.

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Pilbara Minerals (PILBF)

In a report released today, Austin Yun from Macquarie maintained a Buy rating on Pilbara Minerals, with a price target of A$5.00. The company’s shares closed last Friday at $3.00.

According to TipRanks.com, Yun is a 5-star analyst with an average return of 39.4% and a 67.4% success rate. Yun covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths, Rio Tinto Limited, and Elevra Lithium. ;'>

Currently, the analyst consensus on Pilbara Minerals is a Moderate Buy with an average price target of $3.27, a 6.5% upside from current levels. In a report issued on February 10, Morgan Stanley also maintained a Buy rating on the stock with a A$5.00 price target.

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