Stifel Nicolaus initiated coverage on TMC the metals company on Friday. The firm issued a buy rating for the deep-sea mining operator. This rating indicates a bullish outlook for the company.
Analysts established a price target of $10.00 per share. This target suggests a potential 96.5% upside from the previous closing price.
Wedbush and HC Wainwright also recently issued buy or outperform ratings. Weiss Ratings maintains a sell rating on the stock.