There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Evolution Mining Limited (CAHPF – Research Report), ioneer Limited (GSCCF – Research Report) and Macmahon Holdings Limited (MCHHF – Research Report) with bullish sentiments.
Evolution Mining Limited (CAHPF)
Canaccord Genuity analyst Tom Prendiville maintained a Buy rating on Evolution Mining Limited on April 18 and set a price target of A$4.60. The company’s shares closed last Friday at $2.59.
Prendiville has an average return of
According to TipRanks.com, Prendiville is ranked #598 out of 8786 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Evolution Mining Limited with a $2.60 average price target, representing a 1.6% upside. In a report issued on April 5, J.P. Morgan also maintained a Buy rating on the stock with a A$4.20 price target.
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ioneer Limited (GSCCF)
In a report issued on April 18, Timothy Hoff from Canaccord Genuity maintained a Buy rating on ioneer Limited, with a price target of A$0.35. The company’s shares closed last Friday at $0.13.
According to TipRanks.com, Hoff is a 2-star analyst with an average return of
ioneer Limited has an analyst consensus of Moderate Buy, with a price target consensus of $0.21.
Macmahon Holdings Limited (MCHHF)
In a report issued on April 18, Cameron Bell from Canaccord Genuity maintained a Buy rating on Macmahon Holdings Limited, with a price target of A$0.28. The company’s shares closed last Monday at $0.16.
According to TipRanks.com, Bell is ranked #2214 out of 8786 analysts.
Currently, the analyst consensus on Macmahon Holdings Limited is a Strong Buy with an average price target of $0.18, representing a 12.6% upside. In a report issued on April 15, Petra Capital also maintained a Buy rating on the stock with a A$0.30 price target.
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