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Paladin Energy Ltd (PALAF) Receives a Buy from Morgan Stanley

Tipranks - Tipranks - Wed Apr 15, 7:18PM CDT

Morgan Stanley analyst Rahul Anand maintained a Buy rating on Paladin Energy Ltd today and set a price target of A$14.45.

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Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, South32, and Pilbara Minerals . According to TipRanks, Anand has an average return of 15.2% and a 58.75% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paladin Energy Ltd with a A$13.09 average price target.

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PALAF market cap is currently A$5.66B and has a P/E ratio of -41.88.

Based on the recent corporate insider activity of 27 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 PALAF in relation to earlier this year.

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