There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Paladin Energy Ltd (PALAF – Research Report) and Peninsula Energy Limited (PENMF – Research Report) with bullish sentiments.
Paladin Energy Ltd (PALAF)
In a report issued on January 19, Katie Lachapelle from Canaccord Genuity maintained a Buy rating on Paladin Energy Ltd, with a price target of A$1.15. The company’s shares closed last Monday at $0.55.
According to TipRanks.com, Lachapelle is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paladin Energy Ltd with a $0.81 average price target, a 47.4% upside from current levels. In a report issued on January 20, Macquarie also maintained a Buy rating on the stock with a A$1.00 price target.
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Peninsula Energy Limited (PENMF)
Canaccord Genuity analyst James Bullen maintained a Buy rating on Peninsula Energy Limited on January 19 and set a price target of A$0.36. The company’s shares closed last Monday at $0.10.
According to TipRanks.com, Bullen is ranked #5290 out of 8291 analysts.
Peninsula Energy Limited has an analyst consensus of Moderate Buy, with a price target consensus of $0.25.
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