There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on TRONOX (TROX) and Capitan Silver (CAPTF) with bullish sentiments.
TRONOX (TROX)
In a report issued on May 6, Duffy Fischer from Goldman Sachs maintained a Buy rating on TRONOX, with a price target of $8.00. The company’s shares closed last Friday at $8.94, close to its 52-week low of $6.64.
According to TipRanks.com, Fischer is a 4-star analyst with an average return of
Currently, the analyst consensus on TRONOX is a Hold with an average price target of $8.13, implying a -5.4% downside from current levels. In a report issued on May 6, Alembic Global also maintained a Buy rating on the stock with a $11.00 price target.
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Capitan Silver (CAPTF)
In a report released today, Ben Pirie from Atrium Research maintained a Buy rating on Capitan Silver, with a price target of C$3.50. The company’s shares closed last Friday at $1.26.
According to TipRanks.com, Pirie is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Capitan Silver with a $2.58 average price target.
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