In a report released on September 25, James Bullen from Canaccord Genuity maintained a Buy rating on Paladin Energy Ltd (PALAF – Research Report), with a price target of A$1.23. The company’s shares closed yesterday at $0.69.
Bullen covers the Energy sector, focusing on stocks such as Peninsula Energy Limited, Bannerman Energy, and Boss Energy Limited. According to TipRanks, Bullen has an average return of -3.5% and a 41.77% success rate on recommended stocks.
Paladin Energy Ltd has an analyst consensus of Strong Buy, with a price target consensus of $0.74.
See the top stocks recommended by analysts >>
The company has a one-year high of $0.72 and a one-year low of $0.32. Currently, Paladin Energy Ltd has an average volume of 323.6K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on PALAF:
