Latest news with #LawsonWinder
Globe and Mail
15-07-2025
- Business
- Globe and Mail
Analysts Conflicted on These Materials Names: Royal Gold (RGLD) and Ecovyst (ECVT)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Royal Gold (RGLD – Research Report) and Ecovyst (ECVT – Research Report). Elevate Your Investing Strategy: 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. Royal Gold (RGLD) In a report released yesterday, Lawson Winder from Bank of America Securities maintained a Sell rating on Royal Gold, with a price target of $185.00. The company's shares closed last Friday at $159.96, close to its 52-week high of $164.18. According to Winder is a 5-star analyst with an average return of 10.9% and a 57.4% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Freeport-McMoRan. ;'> Royal Gold has an analyst consensus of Moderate Buy, with a price target consensus of $198.33. Ecovyst (ECVT) Citi analyst Patrick Cunningham reiterated a Buy rating on Ecovyst on July 11 and set a price target of $10.00. The company's shares closed last Friday at $8.68. According to Cunningham is a 1-star analyst with an average return of -0.5% and a 47.8% success rate. Cunningham covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'> The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ecovyst with a $10.33 average price target.
Yahoo
24-06-2025
- Business
- Yahoo
BofA Raises Price Target on New Gold Inc. (NGD) to $5.45, Keeps Buy Rating
New Gold Inc. (NYSE:NGD) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. In a report released on June 15, BofA analyst Lawson Winder raised the firm's price target on New Gold Inc. (NYSE:NGD) to $5.45 from $4.55, keeping a Buy rating on the shares. The firm pointed toward key takeaways from an investor trip to Panama. Aerial view of an open mine with large cranes and excavators working on the surface. It also cited the continued strength in gold purchases from China's central bank in May, stating that the gold price rose considerably and is up 31% year-to-date, while highlighting several price objectives among gold miners. New Gold Inc. (NYSE:NGD) is a Canada-based intermediate gold mining company that acquires, explores, and develops natural resources properties, including gold. It operates two core-producing assets in the country: the Rainy River gold mine and the New Afton copper-gold mine. New Gold Inc. (NYSE:NGD) also holds other Canadian-focused investments. While we acknowledge the potential of NGD 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
Yahoo
24-06-2025
- Business
- Yahoo
BofA Reiterates a Buy Rating on IAMGOLD Corporation (IAG) With a $9.25 PT
IAMGOLD Corporation (NYSE:IAG) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. Bank of America Securities analyst Lawson Winder reiterated a Buy rating on IAMGOLD Corporation (NYSE:IAG) on June 15 and set a price target of $9.25. The company's positive fiscal Q1 2025 results support the rating, as its attributable production for the quarter totaled 161,000 ounces from its three mines. Management anticipates that the first quarter will be the lightest production quarter of the year, primarily due to maintenance activities and ramp-up taking place at Côté. It also expects a rise in the grade profile at Essakane. Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. IAMGOLD Corporation (NYSE:IAG) reported that while production at Westwood dropped compared to the previous quarter, it is expected to recover its track record of solid perforation with continuing improvements in mine flexibility with stope development. Management is optimistic in its production guidance estimates of 735,000 to 820,000 ounces for the year. Based in Canada, IAMGOLD Corporation (NYSE:IAG) is an intermediate gold developer and producer that operates gold mining properties in West Africa and North America. Its projects include Essakane, Westwood, and Cote Gold. While we acknowledge the potential of IAG 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
Yahoo
24-06-2025
- Business
- Yahoo
BofA Raises Price Target on New Gold Inc. (NGD) to $5.45, Keeps Buy Rating
New Gold Inc. (NYSE:NGD) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. In a report released on June 15, BofA analyst Lawson Winder raised the firm's price target on New Gold Inc. (NYSE:NGD) to $5.45 from $4.55, keeping a Buy rating on the shares. The firm pointed toward key takeaways from an investor trip to Panama. Aerial view of an open mine with large cranes and excavators working on the surface. It also cited the continued strength in gold purchases from China's central bank in May, stating that the gold price rose considerably and is up 31% year-to-date, while highlighting several price objectives among gold miners. New Gold Inc. (NYSE:NGD) is a Canada-based intermediate gold mining company that acquires, explores, and develops natural resources properties, including gold. It operates two core-producing assets in the country: the Rainy River gold mine and the New Afton copper-gold mine. New Gold Inc. (NYSE:NGD) also holds other Canadian-focused investments. While we acknowledge the potential of NGD 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.
Yahoo
29-05-2025
- Business
- Yahoo
BofA Maintains Hold Rating on Franco-Nevada (FNV) Stock
On May 28, analyst Lawson Winder from Bank of America Securities reiterated a Hold rating on Franco-Nevada Corporation (NYSE:FNV) with a price target of C$266. The reiteration comes after the company acquired a stake in Cote Gold Mine in Canada. An aerial view of a large gold mine showing the extensive activity of natural resource extraction. Franco-Nevada Corporation (NYSE:FNV) is a Canadian company focused on gold royalties and streaming. Rather than operating mines or conducting exploration, the company provides financing to mining companies in exchange for royalties or streams. The company recently acquired a 7.5% gross margin royalty on the Cote Gold mine in Canada for $1.05 billion. Analyst Winder noted that this opportunity offers a royalty on a long mine life, with a modest immediate internal rate of return, considering the current gold prices. However, this step has led Franco-Nevada Corporation's (NYSE:FNV) net asset value to decline by 2% to C$266 per share. Regardless of the company's diversified portfolio and its long-term exposure to precious metals, it is trading at a premium to its peers in the industry. Winder believes that the company's long-term growth prospects do not justify the premium price despite the potential of its newly acquired stake in Cote Gold Mine, therefore, he reiterated a Hold rating. While we acknowledge the potential of FNV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FNV and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None.
