Morgans analyst Ross Bennett downgraded Regis Resources Limited to a Hold today and set a price target of A$6.00. The company’s shares closed last Monday at $3.87.
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According to TipRanks, Bennett is a 5-star analyst with an average return of 55.1% and a 97.44% success rate. Bennett covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Regis Resources Limited, and Catalyst Metals Limited.
In addition to Morgans, Regis Resources Limited also received a Hold from Canaccord Genuity’s Tim McCormack in a report issued on October 7. However, yesterday, UBS maintained a Sell rating on Regis Resources Limited (Other OTC: RGRNF).
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 3,192.
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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
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