Macquarie analyst Robert Stein maintained a Sell rating on Mineral Resources Limited today and set a price target of A$35.00. The company’s shares closed last Monday at $24.90.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Stein is a 3-star analyst with an average return of 3.2% and a 55.49% success rate. Stein covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Iluka Resources Limited, and Liontown Resources Limited.
In addition to Macquarie, Mineral Resources Limited also received a Sell from Goldman Sachs’s Paul Young in a report issued today. However, yesterday, Morgan Stanley maintained a Buy rating on Mineral Resources Limited (Other OTC: MALRF).
The company has a one-year high of $37.26 and a one-year low of $9.30. Currently, Mineral Resources Limited has an average volume of 486.
Read More on MALRF:
Disclaimer & DisclosureReport an Issue
- Mineral Resources Limited Strengthens Board with New Appointments
- Mineral Resources Limited Allots Shares to Non-Executive Directors
- Mineral Resources Limited Appoints New Joint Company Secretary
- Mineral Resources Limited Completes US$700 Million Notes Offering
- JPMorgan Chase & Co. Reduces Stake in Mineral Resources Limited