AMG shares jump as analysts see volume upsides and say 'all signs are green'
BUZZ-AMG shares jump as analysts see volume upsides and say 'all signs are green' ** Shares in critical materials producer AMG AMG.AS rise about 7% after brokerage Citi raised its price target by 15% to €52 citing strong commodity prices
** Citi notes a solid recovery for lithium and tantalum pricing alongside a sharp upward move for vanadium which implies earnings upside from the second quarter of 2026
** ODDO BHF analyst Martijn Den Drijver says the share jump reflects investors seeing multiple brokers highlight the positive impact of higher output and rising prices
** Den Drijver adds the firm has resolved its production issues and points to an extremely well-performing engineering unit which boasts a highly profitable order book
** Noting a halt in antimony profit declines and strong sales potential from a new lithium hydroxide plant Den Drijver concludes that "all signs are green for AMG"
(Reporting by Hugo Lhomedet)
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