Northland analyst Greg Gibas lowered the firm’s price target on A-Mark Precious Metals (AMRK) to $36 from $40 and keeps a Market Perform rating on the shares after the company reported Q2 results that the firm says reflected the continued challenging environment, driven by elevated gold prices and lower volatility. The firm continues to believe the stock “remains relatively cheap,” but does not anticipate meaningful appreciation until there is visibility on an improvement in the greater demand environment and/or metals markets.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMRK:
- A-Mark Precious Metals price target lowered to $35 from $43 at DA Davidson
- A-Mark Precious Metals Q2 2025 Financial Results
- A-Mark Precious Metals reports Q2 EPS 27c vs. 57c last year
- AMRK Upcoming Earnings Report: What to Expect?
- A-Mark Precious Metals to acquire 100% of the stock of Spectrum Group
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue