Analyst Price Target is C$0.72
▲ +93.69% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Sherritt International in the last 3 months. The average price target is C$0.72, with a high forecast of C$0.90 and a low forecast of C$0.55. The average price target represents a 93.69% upside from the last price of C$0.37.
Current Consensus is
The current consensus among 3 contributing investment analysts is to hold stock in Sherritt International. This rating has held steady since March 2022, when it changed from a Buy consensus rating.
Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic sources primarily in Canada and Cuba. It operates through Moa Joint Venture and Fort Site, Metals Other, Oil and Gas, Power, and Technologies segments. The company produces and sells agriculture fertilizers in Western Canada; and provides additional fertilizer storage and administrative facilities in Fort Saskatchewan, Alberta, and Canada. It also explores for and produces oil and gas primarily from offshore reservoirs located in the north coast of Cuba. In addition, the company generates and sells electricity from natural gas and steam from the waste heat with a generating capacity of 506 megawatts, as well as provides technical support, process optimization, and technology development services. It operates two combined cycle plants at Varadero and Boca de Jaruco. The company was incorporated in 1927 and is based in Toronto, Canada.