Triple Flag Precious Metals (TFPM – Research Report), the Materials sector company, has received a rating update from a Wall Street analyst on June 26. Analyst Josh Wolfson from RBC Capital remains bullish on the stock and has a $16.00 price target.
According to TipRanks.com, Wolfson is a 3-star analyst with an average return of 1.7% and a 51.7% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Anglogold Ashanti.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Triple Flag Precious Metals with a C$25.90 average price target.
Triple Flag Precious Metals Corp is a gold-focused royalty and streaming company. Its assets portfolio includes Northparkes, Fosterville, Cerro Lindo, and Pumpkin Hollow among others.
The company’s shares closed last Wednesday at C$17.59.
Read More on TSE:TFPM: