Macquarie Sticks to Their Buy Rating for Lynas Rare Earths (LYSCF)
In a report released today, Austin Yun from Macquarie maintained a Buy rating on Lynas Rare Earths , with a price target of A$17.00.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Yun covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths , Pilbara Minerals , and Elevra Lithium. According to TipRanks, Yun has an average return of 21.1% and a 64.71% success rate on recommended stocks.
In addition to Macquarie, Lynas Rare Earths also received a Buy from UBS’s Dim Ariyasinghe in a report issued today. However, on November 18, TR | OpenAI – 4o reiterated a Hold rating on Lynas Rare Earths (Other OTC: LYSCF).
LYSCF market cap is currently A$15.14B and has a P/E ratio of 1,748.84.
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.
Read More on LYSCF:
Disclaimer & DisclosureReport an Issue
- Lynas Faces Production Challenges Due to Power Disruptions
- The West deals with scarcity issues of heavy rare earth elements, Reuters says
- Lynas Rare Earths upgraded to Buy from Neutral at UBS
- Lynas Rare Earths upgraded to Buy from Neutral at Goldman Sachs
- Charged: Tesla developing support for Apple’s CarPlay
