Analysts Have Conflicting Sentiments on These Materials Companies: AIC Mines Limited (OtherIAUFF) and Constellium (CSTM)

AIC Mines Limited (IAUFF)

In a report issued on July 17, Peter Kormendy from Shaw and Partners maintained a Buy rating on AIC Mines Limited, with a price target of A$1.10. The company’s shares closed last Friday at $0.51.

Kormendy has an average return of 35.9% when recommending AIC Mines Limited.

According to TipRanks.com, Kormendy is ranked #1580 out of 12385 analysts.

AIC Mines Limited has an analyst consensus of Strong Buy, with a price target consensus of $0.65, implying a 37.9% upside from current levels. In a report issued on July 16, MA Financial Group also maintained a Buy rating on the stock with a A$0.88 price target.