Goldman Sachs analyst Paul Young maintained a Buy rating on Champion Iron today and set a price target of A$5.90. The company’s shares closed yesterday at C$4.37.
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According to TipRanks, Young is a 4-star analyst with an average return of 7.9% and a 58.26% success rate. Young covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Lynas Rare Earths , and BHP Group Ltd.
In addition to Goldman Sachs, Champion Iron also received a Buy from Raymond James’s Brian MacArthur in a report issued on October 1. However, on the same day, Macquarie maintained a Hold rating on Champion Iron (TSX: CIA).
CIA market cap is currently C$2.34B and has a P/E ratio of 26.81.
Read More on TSE:CIA:
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