Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Pembina Pipeline (PBA), Norbord Inc (OSB) and Turquoise Hill (TRQ).
Pembina Pipeline (PBA)
In a report released today, Chris Cox from Raymond James maintained a Buy rating on Pembina Pipeline. The company’s shares opened today at $34.40.
According to TipRanks.com, Cox is a 2-star analyst with an average return of 1.2% and a 59.3% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Baytex Energy Corp, Cenovus Energy Inc, and Canadian Natural.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pembina Pipeline.
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Norbord Inc (OSB)
In a report released today, Hamir Patel from CIBC maintained a Hold rating on Norbord Inc. The company’s shares opened today at $28.95.
According to TipRanks.com, Patel is ranked #787 out of 4905 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Norbord Inc with a $33.33 average price target, representing a 15.1% upside. In a report issued on October 22, BMO Capital also upgraded the stock to Hold.
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Turquoise Hill (TRQ)
In a report released today, Oscar Cabrera from CIBC maintained a Buy rating on Turquoise Hill. The company’s shares opened today at $1.90, close to its 52-week low of $1.59.
According to TipRanks.com, Cabrera is ranked 0 out of 5 stars with an average return of -17.0% and a 22.9% success rate. Cabrera covers the Basic Materials sector, focusing on stocks such as Teck Resources Limited, Capstone Mining Corp, and Hudbay Minerals Inc.
The the analyst consensus on Turquoise Hill is currently a Moderate Buy rating.
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