There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Amyris (AMRS) and Vista Gold (VGZ) with bullish sentiments.
Amyris (AMRS)
In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Amyris, with a price target of $11.00. The company’s shares closed last Tuesday at $3.42.
According to TipRanks.com, Dayal is a 5-star analyst with an average return of 36.1% and a 53.2% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Westport Fuel Systems, Ballard Power Systems, and Orion Energy Systems.
Currently, the analyst consensus on Amyris is a Strong Buy with an average price target of $6.35.
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Vista Gold (VGZ)
In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Vista Gold, with a price target of $3.25. The company’s shares closed last Tuesday at $1.03.
According to TipRanks.com, Ihle is a top 100 analyst with an average return of 32.6% and a 63.0% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Golden Star Resources.
Currently, the analyst consensus on Vista Gold is a Moderate Buy with an average price target of $2.78.
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