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Macquarie Remains a Buy on Lynas Rare Earths (LYSCF)

Tipranks - Tipranks - Thu Jan 15, 5:52PM CST

Macquarie analyst Austin Yun maintained a Buy rating on Lynas Rare Earths today and set a price target of A$17.00.

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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 50.3% and a 66.67% success rate on recommended stocks.

In addition to Macquarie, Lynas Rare Earths also received a Buy from William Blair’s Neal Dingmann in a report issued yesterday. However, on January 12, Jefferies maintained a Hold rating on Lynas Rare Earths (Other OTC: LYSCF).

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LYSCF market cap is currently A$14.88B and has a P/E ratio of 1,751.16.

Based on the recent corporate insider activity of 9 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 LYSCF in relation to earlier this year.

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