Jefferies analyst Daniel Roden maintained a Buy rating on Paladin Energy Ltd today and set a price target of A$10.00. The company’s shares closed last Friday at $5.55.
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Roden covers the Basic Materials sector, focusing on stocks such as 29metals Ltd., Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh, and AIC Mines Limited. According to TipRanks, Roden has an average return of -0.9% and a 50.00% success rate on recommended stocks.
Currently, the analyst consensus on Paladin Energy Ltd is a Moderate Buy with an average price target of $5.90.
The company has a one-year high of $9.20 and a one-year low of $2.33. Currently, Paladin Energy Ltd has an average volume of 106.4K.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PALAF in relation to earlier this year.
Read More on PALAF:
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- Paladin Energy Director Adjusts Shareholding
- Paladin Energy Launches Share Purchase Plan to Raise $20 Million
- Citigroup Ceases to be Substantial Holder in Paladin Energy
- Paladin Energy Strengthens Financial Position with New Share Issuance
- Paladin Energy Ltd Announces Quotation of New Securities on ASX
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