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RBC Capital Sticks to Their Buy Rating for St. Barbara (STBMF)

Tipranks - Tipranks - Sat Jan 31, 1:20AM CST

RBC Capital analyst Alex Barkley maintained a Buy rating on St. Barbara on January 28 and set a price target of A$1.45. The company’s shares closed yesterday at A$0.77.

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According to TipRanks, Barkley is a 5-star analyst with an average return of 18.5% and a 60.95% success rate. Barkley covers the Basic Materials sector, focusing on stocks such as Greatland Resources, Northern Star Resources Ltd, and Regis Resources Limited.

Currently, the analyst consensus on St. Barbara is a Strong Buy with an average price target of A$1.16, which is a 51.12% upside from current levels. In a report released yesterday, Ord Minnett also upgraded the stock to a Buy with a A$1.00 price target.

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The company has a one-year high of A$0.82 and a one-year low of A$0.19. Currently, St. Barbara has an average volume of 8.37M.

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