There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Lithium Americas (Argentina) Corp. (LAAC – Research Report) and B2Gold (BTG – Research Report) with bullish sentiments.
Lithium Americas (Argentina) Corp. (LAAC)
TD Cowen analyst David Deckelbaum maintained a Buy rating on Lithium Americas (Argentina) Corp. today and set a price target of $6.00. The company’s shares closed last Wednesday at $5.10, close to its 52-week low of $3.84.
According to TipRanks.com, Deckelbaum is ranked #8400 out of 8761 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Lithium Americas (Argentina) Corp. with a $8.00 average price target, a 61.6% upside from current levels. In a report issued on March 6, Stifel Nicolaus also maintained a Buy rating on the stock with a $18.50 price target.
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B2Gold (BTG)
In a report released yesterday, Harmen Puri from Bank of America Securities reiterated a Buy rating on B2Gold, with a price target of $3.90. The company’s shares closed last Wednesday at $2.57, close to its 52-week low of $2.34.
According to TipRanks.com, Puri has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for B2Gold with a $4.16 average price target, implying a 68.4% upside from current levels. In a report issued on March 18, Scotiabank also maintained a Buy rating on the stock with a C$5.50 price target.
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