Wall Street Analysts Are Bullish on Top Materials Picks


Wall Street Analysts Are Bullish on Top Materials Picks

In a report released yesterday, Kaan Peker from RBC Capital maintained a Buy rating on Fortescue Metals Group Ltd, with a price target of A$21.00. The company's shares closed last Thursday at $12.85.

According to TipRanks.com, Peker is a 2-star analyst with an average return of

The word on The Street in general, suggests a Hold analyst consensus rating for Fortescue Metals Group Ltd with a $12.96 average price target, which is a 1.6% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a A$23.00 price target.

According to TipRanks.com, Barkley is a 3-star analyst with an average return of

Regis Resources Limited has an analyst consensus of Hold, with a price target consensus of $1.55, which is a -12.2% downside from current levels. In a report issued on October 10, Canaccord Genuity also maintained a Buy rating on the stock with a A$2.55 price target.

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