Largo Resources (LGO) Gets a Buy from RBC Capital Largo Resources (LGO) Gets a Buy from RBC Capital
https://markets.businessinsider.com/news/stocks/largo-resources-lgo-gets-a-buy-from-rbc-capital-1033695199
TipRanks
Aug. 15, 2024, 04:29 AM
In a report released yesterday, Andrew Wong CFA from RBC Capital reiterated a Buy rating on Largo Resources (LGO – Research Report), with a price target of C$5.00. The company’s shares closed yesterday at $1.60.
Wong CFA covers the Basic Materials sector, focusing on stocks such as Cf Industries Holdings, Mosaic Co, and Nutrien. According to TipRanks, Wong CFA has an average return of 6.9% and a 45.37% success rate on recommended stocks.
Currently, the analyst consensus on Largo Resources is a Moderate Buy with an average price target of $4.02, a 151.25% upside from current levels. In a report released on August 13, H.C. Wainwright also reiterated a Buy rating on the stock with a $4.40 price target.