In a report released today, Rahul Anand from Morgan Stanley maintained a Buy rating on Paladin Energy Ltd, with a price target of A$9.50. The company’s shares closed yesterday at $6.16.
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According to TipRanks, Anand is a 5-star analyst with an average return of 10.5% and a 54.89% success rate. Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, BHP Group Ltd, and Fortescue Metals Group Ltd.
In addition to Morgan Stanley, Paladin Energy Ltd also received a Buy from Shaw and Partners’s Andrew Hines in a report issued yesterday. However, on the same day, Ord Minnett maintained a Hold rating on Paladin Energy Ltd (Other OTC: PALAF).
Based on Paladin Energy Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $100.42 million and a GAAP net loss of $40.07 million. In comparison, last year the company had a GAAP net loss of $7.78 thousand
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PALAF in relation to earlier this year.
Read More on PALAF:
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- Paladin Energy Advances Uranium Projects Amid Strategic Developments
- Paladin Energy Reports Strong Q1 FY2026 with Increased Production and Successful Equity Raising
- JPMorgan Chase & Co. Ceases Substantial Holding in Paladin Energy Ltd
- Paladin Energy Director Adjusts Shareholding
- Paladin Energy Launches Share Purchase Plan to Raise $20 Million
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