Precious metals, energy sectors seen gaining at least 10% in 2025 - Wells Fargo By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
Macroeconomic Trends: Analysts at Wells Fargo report that macroeconomic challenges for commodities have shifted to favorable conditions entering 2025, with a modest performance in 2024 and expectations of improved demand leading to potential price increases, particularly in precious metals and energy sectors.
Commodity Price Forecasts: Gold prices are projected to reach $2,700-$2,800 per troy ounce, while energy prices, including West Texas Intermediate crude oil, are expected to be between $85-$95 per barrel, driven by anticipated improvements in global economic conditions.
Analyst Views on LCO
Wall Street analysts forecast LCO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LCO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 27.375
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Current: 27.375
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
