There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on TechnipFMC PLC (FTI) and OrganiGram Holdings Inc (OGI) with bullish sentiments.
TechnipFMC PLC (FTI)
In a report released today, Lillian Starke from Morgan Stanley maintained a Buy rating on TechnipFMC PLC, with a price target of $33.00. The company’s shares closed last Monday at $23.23.
According to TipRanks.com, Starke is ranked #4433 out of 5540 analysts.
Currently, the analyst consensus on TechnipFMC PLC is a Strong Buy with an average price target of $31.75.
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OrganiGram Holdings Inc (OGI)
In a report released today, Owen Bennett from Jefferies upgraded OrganiGram Holdings Inc to Buy. The company’s shares closed last Monday at $3.07, close to its 52-week low of $2.71.
According to TipRanks.com, Bennett is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -9.4% and a 37.1% success rate. Bennett covers the Healthcare sector, focusing on stocks such as Aurora Cannabis Inc, Tilray Inc, and HEXO Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for OrganiGram Holdings Inc with a $9.35 average price target.
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