Latest news with #JoshWolfson


Business Insider
10-07-2025
- Business
- Business Insider
RBC Capital Sticks to Its Buy Rating for Agnico Eagle (AEM)
In a report released on July 7, Josh Wolfson from RBC Capital maintained a Buy rating on Agnico Eagle, with a price target of $145.00. The company's shares closed yesterday at $117.69. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Wolfson covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, Newmont Mining, and Anglogold Ashanti PLC. According to TipRanks, Wolfson has an average return of 10.9% and a 66.82% success rate on recommended stocks. Agnico Eagle has an analyst consensus of Strong Buy, with a price target consensus of $139.14, which is a 18.23% upside from current levels. In a report released on June 30, Raymond James also initiated coverage with a Buy rating on the stock with a $130.00 price target. Based on Agnico Eagle's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.47 billion and a net profit of $814.73 million. In comparison, last year the company earned a revenue of $1.82 billion and had a net profit of $347.19 million Based on the recent corporate insider activity of 97 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AEM in relation to earlier this year.


Business Insider
05-07-2025
- Business
- Business Insider
Analysts Offer Insights on Materials Companies: Barrick Mining (B) and DuPont de Nemours (DD)
There's a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Barrick Mining (B – Research Report) and DuPont de Nemours (DD – Research Report) with bullish sentiments. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Barrick Mining (B) In a report issued on July 2, Josh Wolfson from RBC Capital maintained a Buy rating on Barrick Mining, with a price target of $26.00. The company's shares closed last Thursday at $21.46. According to Wolfson is a 5-star analyst with an average return of 11.6% and a 67.4% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Anglogold Ashanti PLC. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Barrick Mining with a $25.31 average price target, representing a 20.5% upside. In a report issued on June 30, Benchmark Co. also initiated coverage with a Buy rating on the stock. DuPont de Nemours (DD) RBC Capital analyst Arun Viswanathan maintained a Buy rating on DuPont de Nemours on July 2 and set a price target of $90.00. The company's shares closed last Thursday at $73.72, close to its 52-week low of $72.38. According to Viswanathan has 0 stars on 0-5 stars ranking scale with an average return of -3.1% and a 47.3% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. DuPont de Nemours has an analyst consensus of Strong Buy, with a price target consensus of $84.62, representing a 14.2% upside. In a report issued on June 20, J.P. Morgan also maintained a Buy rating on the stock with a $93.00 price target.
Yahoo
26-06-2025
- Business
- Yahoo
RBC Capital Maintains a Hold Rating on Kinross Gold (KGC) With a $19 PT
Kinross Gold Corporation (NYSE:KGC) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. In a report released on June 3, Josh Wolfson from RBC Capital maintained a Hold rating on Kinross Gold Corporation (NYSE:KGC) with a price target of $19.00. The company's fiscal Q1 2025 results showed the production of 512,088 gold equivalent ounces (Au eq. oz.) along with a strengthening balance sheet with improving debt metrics. Aerial shot of a mine entrance, the bedrock of the company's gold and silver extraction. Kinross Gold Corporation (NYSE:KGC) repaid the remaining $200 million of its term loan, further supporting its balance sheet. Cash and cash equivalents for the quarter increased to $694.6 million, and the company had total liquidity of approximately $2.3 billion as of March 31, 2025. Based in Canada, Kinross Gold Corporation (NYSE:KGC) is a global senior gold mining company operating in the US, Brazil, Mauritania, Chile, and Canada. Its projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast, and Great Bear projects. While we acknowledge the potential of KGC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
26-06-2025
- Business
- Yahoo
RBC Capital Keeps a Hold Rating on Newmont Corporation (NEM)
Newmont Corporation (NYSE:NEM) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. In a report released on June 9, Josh Wolfson from RBC Capital maintained a Hold rating on Newmont Corporation (NYSE:NEM) with a price target of $66.00. A gold mine entry with a conveyor belt transporting minerals from the depths of a shaft. In other news, the company announced a definitive agreement on June 13, detailing that Inflection Resources is set to acquire a 100% interest in a portfolio of Australian copper-gold exploration projects in New South Wales and the Northern Territory from subsidiaries of Newmont Corporation (NYSE:NEM). Newmont Corporation (NYSE:NEM) explores and acquires gold properties containing silver, copper, lead, zinc, or other metals. Its operations are divided into the following geographical segments: Canada, Mexico, Suriname, Argentina, Peru, Australia, Papua New Guinea, Ghana, and US. While we acknowledge the potential of NEM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Insider
25-06-2025
- Business
- Business Insider
New Buy Rating for Anglogold Ashanti PLC (AU), the Basic Materials Giant
RBC Capital analyst Josh Wolfson maintained a Buy rating on Anglogold Ashanti PLC (AU – Research Report) on June 23 and set a price target of $53.00. The company's shares closed yesterday at $46.40. Confident Investing Starts Here: Wolfson covers the Basic Materials sector, focusing on stocks such as Newmont Mining, Agnico Eagle, and Anglogold Ashanti PLC. According to TipRanks, Wolfson has an average return of 11.6% and a 67.19% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglogold Ashanti PLC with a $46.92 average price target, a 1.12% upside from current levels. In a report released on June 12, Roth MKM also initiated coverage with a Buy rating on the stock with a $52.00 price target. AU market cap is currently $24.16B and has a P/E ratio of 20.56. Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AU in relation to earlier this year.