Northern Star Resources Ltd (NESRF) Gets a Hold from UBS

In a report released today, Levi Spry from UBS maintained a Hold rating on Northern Star Resources Ltd, with a price target of A$21.10. The company’s shares closed yesterday at $16.52.

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Spry covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Perseus Mining , and Vault Minerals Limited. According to TipRanks, Spry has an average return of 14.8% and a 67.53% success rate on recommended stocks.

Currently, the analyst consensus on Northern Star Resources Ltd is a Moderate Buy with an average price target of $15.32, representing a -7.26% downside. In a report released on September 29, J.P. Morgan also maintained a Hold rating on the stock with a A$22.00 price target.

Based on Northern Star Resources Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.55 billion and a net profit of $833.3 million. In comparison, last year the company earned a revenue of $2.67 billion and had a net profit of $440 million

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is neutral on the stock.