RBC Capital Remains a Hold on Paladin Energy Ltd (PALAF)
In a report released yesterday, Alistair Rankin from RBC Capital maintained a Hold rating on Paladin Energy Ltd, with a price target of A$11.00. The company’s shares closed yesterday at A$12.87.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Rankin is a 3-star analyst with an average return of 21.6% and a 75.00% success rate.
In addition to RBC Capital, Paladin Energy Ltd also received a Hold from Macquarie’s Mark Wiseman in a report issued today. However, on the same day, Morgan Stanley maintained a Buy rating on Paladin Energy Ltd (Other OTC: PALAF).
PALAF market cap is currently A$6.12B 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
