Lynas Rare Earths (LYSCF) Receives a Hold from Macquarie

In a report released today, Austin Yun from Macquarie maintained a Hold rating on Lynas Rare Earths , with a price target of A$17.00. The company’s shares closed today at $9.90.

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Yun covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals , Elevra Lithium, and Lynas Rare Earths . According to TipRanks, Yun has an average return of 7.0% and a 63.89% success rate on recommended stocks.

Lynas Rare Earths has an analyst consensus of Hold, with a price target consensus of $9.44, representing a -4.65% downside. In a report released today, TD Cowen also maintained a Hold rating on the stock with a A$14.00 price target.

LYSCF market cap is currently $10.12B and has a P/E ratio of 1,841.07.

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LYSCF in relation to earlier this year.