There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Ball (BLL) and Planet 13 Holdings (PLNHF) with bullish sentiments.
Ball (BLL)
Northland Securities analyst Gus Richard maintained a Buy rating on Ball today and set a price target of $83.00. The company’s shares closed last Tuesday at $84.31.
According to TipRanks.com, Richard is a top 100 analyst with an average return of 25.6% and a 68.3% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Power Integrations, and Enphase Energy.
Currently, the analyst consensus on Ball is a Moderate Buy with an average price target of $82.10, implying a -4.1% downside from current levels. In a report released yesterday, Deutsche Bank also maintained a Buy rating on the stock with a $91.00 price target.
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Planet 13 Holdings (PLNHF)
In a report released today, Greg Gibas from Northland Securities maintained a Buy rating on Planet 13 Holdings, with a price target of $4.00. The company’s shares closed last Tuesday at $2.95.
According to TipRanks.com, Gibas is a 5-star analyst with an average return of 34.4% and a 60.3% success rate. Gibas covers the Financial sector, focusing on stocks such as Accel Entertainment, AYR Strategies, and KLDiscovery.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Planet 13 Holdings with a $4.06 average price target, a 43.5% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a C$5.50 price target.
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