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Analysts Offer Insights on Materials Companies: OrganiGram Holdings (OGI) and SilverCrest Metals (SILV)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on OrganiGram Holdings (OGIResearch Report) and SilverCrest Metals (SILVResearch Report) with bullish sentiments.

OrganiGram Holdings (OGI)

In a report released yesterday, Andrew Partheniou from Stifel Nicolaus maintained a Buy rating on OrganiGram Holdings. The company’s shares closed last Tuesday at $0.66.

According to TipRanks.com, Partheniou is ranked #8146 out of 8337 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for OrganiGram Holdings with a $1.46 average price target, a 121.2% upside from current levels. In a report issued on February 28, Jefferies also maintained a Buy rating on the stock with a C$1.80 price target.

See Insiders’ Hot Stocks on TipRanks >>

SilverCrest Metals (SILV)

In a report released yesterday, Stephen Soock from Stifel Nicolaus maintained a Buy rating on SilverCrest Metals, with a price target of C$13.75. The company’s shares closed last Tuesday at $6.14.

According to TipRanks.com, Soock is ranked 0 out of 5 stars with an average return of -11.2% and a 24.7% success rate. Soock covers the Basic Materials sector, focusing on stocks such as Americas Gold and Silver, Vizsla Silver, and MAG Silver.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SilverCrest Metals with a $9.02 average price target.

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