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Pilbara Minerals (PILBF) Gets a Buy from RBC Capital

Tipranks - Sat Feb 21, 12:20AM CST

RBC Capital analyst Kaan Peker maintained a Buy rating on Pilbara Minerals yesterday and set a price target of A$5.20. The company’s shares closed yesterday at A$4.38.

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According to TipRanks, Peker is a 5-star analyst with an average return of 18.5% and a 55.84% success rate. Peker covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, South32, and Pilbara Minerals .

Pilbara Minerals has an analyst consensus of Moderate Buy, with a price target consensus of A$4.63, representing a 5.81% upside. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a A$5.00 price target.

PILBF market cap is currently A$14.24B and has a P/E ratio of -146.00.

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