Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Franco Nev Corp (FNV) and First Majestic Silver (AG).
Franco Nev Corp (FNV)
BMO Capital analyst Andrew Kaip reiterated a Hold rating on Franco Nev Corp today. The company’s shares opened today at $72.20.
According to TipRanks.com, Kaip is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -8.9% and a 28.5% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Golden Star Resources Ltd.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Franco Nev Corp with a $80.33 average price target.
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First Majestic Silver (AG)
BMO Capital analyst Ryan Thompson reiterated a Buy rating on First Majestic Silver today. The company’s shares opened today at $5.17, close to its 52-week low of $4.59.
According to TipRanks.com, Thompson ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -18.1% and a 23.3% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Silvercorp Metals Inc, and Fortuna Silver Mines.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for First Majestic Silver with a $8.50 average price target.
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