UBS analyst Levi Spry maintained a Sell rating on Regis Resources Limited today and set a price target of A$5.40. The company’s shares closed last Monday at $3.87.
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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.
Regis Resources Limited has an analyst consensus of Hold, with a price target consensus of $3.59, implying a -7.12% downside from current levels. In a report released on October 1, Macquarie also downgraded the stock to a Sell with a A$5.20 price target.
The company has a one-year high of $4.29 and a one-year low of $1.22. Currently, Regis Resources Limited has an average volume of 3,161.
Read More on RGRNF:
Disclaimer & DisclosureReport an Issue
- Mitsubishi UFJ Financial Group Ceases Substantial Holding in Regis Resources
- Regis Resources price target raised to A$6.40 from A$5 at JPMorgan
- Regis Resources Sees Change in Substantial Holding
- Van Eck Associates Ceases Substantial Holding in Regis Resources
- Regis Resources Limited Highlights Operations and Industry Risks
