Analysts Are Bullish on These Materials Stocks: Alamos Gold Inc (AGI), Canadian Natural (CNQ)


There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Alamos Gold Inc (AGI) and Canadian Natural (CNQ) with bullish sentiments.

Alamos Gold Inc (AGI)

In a report released today, Carey MacRury from Canaccord Genuity maintained a Buy rating on Alamos Gold Inc. The company’s shares opened today at $3.39, close to its 52-week low of $3.10.

According to TipRanks.com, MacRury is ranked 0 out of 5 stars with an average return of -11.6% and a 21.1% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Osisko Gold Royalties Ltd.

Alamos Gold Inc has an analyst consensus of Strong Buy, with a price target consensus of $7.50.

See today’s analyst top recommended stocks >>

Canadian Natural (CNQ)

TD Securities analyst Menno Hulshof maintained a Buy rating on Canadian Natural today. The company’s shares opened today at $27.05.

According to TipRanks.com, Hulshof has currently no stars on a ranking scale of 0-5 stars, with an average return of -15.6% and a 22.3% success rate. Hulshof covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Athabasca Oil Corporation, and Continental Resources.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Canadian Natural.

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