Jefferies analyst Daniel Roden maintained a Buy rating on Paladin Energy Ltd today and set a price target of A$11.00. The company’s shares closed yesterday at $6.27.
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According to TipRanks, Roden is a 2-star analyst with an average return of 1.0% and a 51.35% success rate. Roden covers the Basic Materials sector, focusing on stocks such as 29metals Ltd., Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh, and Aeris Resources Limited.
In addition to Jefferies, Paladin Energy Ltd also received a Buy from Morgan Stanley’s Rahul Anand in a report issued yesterday. However, on the same day, RBC Capital maintained a Hold rating on Paladin Energy Ltd (Other OTC: PALAF).
The company has a one-year high of $9.20 and a one-year low of $2.33. Currently, Paladin Energy Ltd has an average volume of 115.7K.
Based on the recent corporate insider activity of 10 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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