Goldman Sachs analyst Paul Young maintained a Sell rating on Mineral Resources Limited today and set a price target of A$28.00. The company’s shares closed last Monday at $24.90.
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Young covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Lynas Rare Earths , and BHP Group Ltd. According to TipRanks, Young has an average return of 7.9% and a 58.26% success rate on recommended stocks.
Mineral Resources Limited has an analyst consensus of Hold, with a price target consensus of $23.43, representing a -5.90% downside. In a report released on October 1, Macquarie also maintained a Sell rating on the stock with a A$35.00 price target.
MALRF market cap is currently $5.47B and has a P/E ratio of -8.18.
Read More on MALRF:
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