Analysts fell to the sidelines weighing in on Allkem Limited (OROCF – Research Report) and Coles Group Ltd. (CLEGF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Allkem Limited (OROCF)
Allkem Limited received a Hold rating and a A$14.60 price target from Jarden analyst Ben Lyons today. The company’s shares closed last Tuesday at $9.05.
According to TipRanks.com, Lyons is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allkem Limited with a $11.28 average price target, which is a 21.3% upside from current levels. In a report issued on August 21, BMO Capital also maintained a Hold rating on the stock with a A$15.00 price target.
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Coles Group Ltd. (CLEGF)
In a report released today, Ben Gilbert from Jarden maintained a Hold rating on Coles Group Ltd., with a price target of A$15.70. The company’s shares closed last Tuesday at $11.55.
According to TipRanks.com, Gilbert is a 1-star analyst with an average return of
Coles Group Ltd. has an analyst consensus of Moderate Sell, with a price target consensus of $10.47, a 2.6% upside from current levels. In a report issued on August 9, UBS also maintained a Hold rating on the stock with a A$18.50 price target.
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