There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Arizona Metals (AZMCF – Research Report) and Kaiser Aluminum (KALU – Research Report) with bullish sentiments.
Arizona Metals (AZMCF)
In a report released today, Eric Winmill from Scotiabank maintained a Buy rating on Arizona Metals, with a price target of C$4.50. The company’s shares closed last Thursday at $1.52, close to its 52-week low of $1.21.
According to TipRanks.com, Winmill is a 3-star analyst with an average return of
Arizona Metals has an analyst consensus of Moderate Buy, with a price target consensus of $4.35, implying a 190.0% upside from current levels. In a report issued on April 11, Stifel Nicolaus also maintained a Buy rating on the stock with a C$7.50 price target.
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Kaiser Aluminum (KALU)
In a report released today, Josh Sullivan from Benchmark Co. maintained a Buy rating on Kaiser Aluminum, with a price target of $84.00. The company’s shares closed last Thursday at $90.17, close to its 52-week high of $95.56.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of
Currently, the analyst consensus on Kaiser Aluminum is a Hold with an average price target of $73.00.
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