Bell Potter analyst Regan Burrows maintained a Buy rating on Paladin Energy Ltd (PALAF – Research Report) today and set a price target of A$15.70. The company’s shares closed yesterday at $8.38.
According to TipRanks, Burrows is a 3-star analyst with an average return of 2.9% and a 38.46% success rate. Burrows covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths Limited, Boss Energy Limited, and Talga Group Ltd..
Currently, the analyst consensus on Paladin Energy Ltd is a Strong Buy with an average price target of $10.71, a 27.88% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a A$16.00 price target.
The company has a one-year high of $14.48 and a one-year low of $4.05. Currently, Paladin Energy Ltd has an average volume of 61.82K.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Paladin Energy Ltd (PALAF) Company Description:
Paladin Energy Ltd is engaged in the production of uranium, and it operates through its various projects that are located in Australia and Africa. The operating segments of the group are Exploration, Namibia, and Australia. The segment activity in Namibia and Malawi is the production and sale of uranium from the mines located in these geographic regions. The projects of the company include Langer Heinrich Mine, Kayelekera, Mount Isa, Michelin, and Manyingee among others. The group has business operations in Australia and internationally.
ncG1vNJzZmilkae4psDSZ5muq5mjsrS%2FyKeqopyVp3uku8xopZ6vo2TAtbvCpKpompWhuW68zq2rnqpdp7KurcinqmaZXZfCunnOp2SpmZyWsaq6jJ6lnqqXrnqtwMNmp5qkkZt6cnySbGxwcWZsgA%3D%3D