There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Resolute Mining (RMGGF – Research Report) and Wacker Chemie AG (WKCMF – Research Report) with bullish sentiments.
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Resolute Mining (RMGGF)
Berenberg Bank analyst Richard Hatch maintained a Buy rating on Resolute Mining yesterday and set a price target of A$1.33. The company’s shares closed last Tuesday at $0.71.
According to TipRanks.com, Hatch is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Resolute Mining with a $0.76 average price target, a 1.3% upside from current levels. In a report issued on September 26, Canaccord Genuity also maintained a Buy rating on the stock with a A$1.85 price target.
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Wacker Chemie AG (WKCMF)
In a report released today, Oliver Schwarz from Warburg Research maintained a Buy rating on Wacker Chemie AG, with a price target of EUR95.00. The company’s shares closed last Tuesday at $78.26.
Schwarz has an average return of
According to TipRanks.com, Schwarz is ranked #2102 out of 10076 analysts.
Currently, the analyst consensus on Wacker Chemie AG is a Hold with an average price target of $80.10, representing a 2.4% upside. In a report issued on September 26, UBS also maintained a Buy rating on the stock with a EUR75.00 price target.
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