Goldman Sachs upgrades Lynas Rare Earths (LYSCF) to a Buy

Lynas Rare Earths received a Buy rating and a A$16.60 price target from Goldman Sachs analyst Paul Young today.

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Young covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Lynas Rare Earths , and Champion Iron. According to TipRanks, Young has an average return of 7.0% and a 57.64% success rate on recommended stocks.

In addition to Goldman Sachs, Lynas Rare Earths also received a Buy from Macquarie’s Austin Yun in a report issued on November 13. However, on November 6, TR | OpenAI – 4o reiterated a Hold rating on Lynas Rare Earths (Other OTC: LYSCF).

The company has a one-year high of A$21.96 and a one-year low of A$6.16. Currently, Lynas Rare Earths has an average volume of 7.62M.

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.