Analysts Offer Insights on Materials Companies: Rio Tinto Limited (Other RTNTF), NioCorp Developments (NB) and Compass Minerals International (CMP) Tipranks - Wed May 20
NioCorp Developments (NB)
Maxim Group analyst Tate Sullivan reiterated a Buy rating on NioCorp Developments today and set a price target of $15.00. The company’s shares closed last Monday at $5.05.
According to TipRanks.com, Sullivan is a 4-star analyst with an average return of 5.1% and a 48.8% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Cheetah Net Supply Chain Service, Inc. Class A, Heidmar Maritime Holdings Corp., and American Battery Technology. ;'>
Currently, the analyst consensus on NioCorp Developments is a Strong Buy with an average price target of $12.50.