Bell Potter Keeps Their Buy Rating on Paladin Energy Ltd (PALAF)
In a report released today, Regan Burrows from Bell Potter maintained a Buy rating on Paladin Energy Ltd, with a price target of A$15.30.
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Burrows covers the Basic Materials sector, focusing on stocks such as Genesis Minerals Limited, Northern Star Resources Ltd, and Lynas Rare Earths . According to TipRanks, Burrows has an average return of 8.2% and a 44.76% success rate on recommended stocks.
In addition to Bell Potter, Paladin Energy Ltd also received a Buy from Morgan Stanley’s Rahul Anand in a report issued today. However, on the same day, Macquarie maintained a Hold rating on Paladin Energy Ltd (Other OTC: PALAF).
PALAF market cap is currently A$6.18B 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.
Read More on PALAF:
Disclaimer & DisclosureReport an Issue
- Paladin Energy flags risks and reporting caveats in March quarter materials
- Paladin lifts uranium output and guidance as Canadian PLS project clears key approval
- Paladin Energy flags isolated administrative lapse in director interest disclosure
- Paladin Energy Sets 22 April Date for March-Quarter Results and Investor Call
- Paladin director Anne Templeman-Jones acquires first stake in company
