Analysts’ Top Materials Picks: ASM, PQ

By Ryan Adsit

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Avino Silver & Gold (NYSE: ASM) and Petroquest Energy Inc (NYSE: PQ) with bullish sentiments.

Avino Silver & Gold (NYSE: ASM)

Roth Capital analyst Joseph Reagor reiterated a Buy rating on Avino Silver & Gold (NYSE: ASM) yesterday and set a price target of $4.50. The company’s shares opened today at $2.09.

According to TipRanks.com, Reagor is a 1-star analyst with an average return of -1.6% and a 29.6% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Platform Specialty Products, and Gold Standard Ventures Corp.

Avino Silver & Gold has an analyst consensus of Moderate Buy.

Petroquest Energy Inc (NYSE: PQ)

Roth Capital analyst John M. White reiterated a Buy rating on Petroquest Energy Inc (NYSE: PQ) today and set a price target of $5. The company’s shares opened today at $3.33.

According to TipRanks.com, White is a 1-star analyst with an average return of -2.9% and a 62.3% success rate. White covers the Basic Materials sector, focusing on stocks such as Evolution Petroleum Corp., Clayton Williams Energy, and Lonestar Resources Ltd.

Petroquest Energy Inc has an analyst consensus of Moderate Buy, with a price target consensus of $5.