UBS Reaffirms Their Buy Rating on Lynas Rare Earths (LYSCF)
In a report released today, Dim Ariyasinghe from UBS maintained a Buy rating on Lynas Rare Earths , with a price target of A$17.70.
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Ariyasinghe covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths , Iluka Resources Limited, and Talga Group. According to TipRanks, Ariyasinghe has an average return of 16.5% and a 63.64% success rate on recommended stocks.
Currently, the analyst consensus on Lynas Rare Earths is a Moderate Buy with an average price target of $10.48.
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 9.29M.
Based on the recent corporate insider activity of 9 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:
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