H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on American Resources (AREC – Research Report) today and set a price target of $4.25. The company's shares closed last Friday at $1.83. According to TipRanks.com, Ihle is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.7% and a 23.0% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Tanzanian Royalty Exploration, and Northern Dynasty Minerals. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Resources with a $4.25 average price target.
https://www.tipranks.com/news/blurbs/american-resources-arec-gets-a-buy-rating-from-h-c-wainwright?utm_source=advfn.com&utm_medium=referral
American Resources (NASDAQ:AREC)
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