Pilbara Minerals Limited (PILBF – Research Report) received a Sell rating and a A$3.20 price target from Goldman Sachs analyst Hugo Nicolaci yesterday. The company’s shares closed today at $2.28.
Nicolaci covers the Basic Materials sector, focusing on stocks such as Core Lithium Ltd, Pilbara Minerals Limited, and Northern Star Resources Ltd. According to TipRanks, Nicolaci has an average return of 2.4% and a 43.59% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Pilbara Minerals Limited with a $2.53 average price target.
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PILBF market cap is currently $7.11B and has a P/E ratio of 4.26.
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Pilbara Minerals Limited (PILBF) Company Description:
Pilbara Minerals Ltd. engages in the exploration and evaluation of mineral properties. It focuses on lithium and tantalum properties of Pilgangoora Lithium-Tantalum Project located in the Pilbara region. The company was founded on January 10, 2005 and is headquartered in West Perth, Australia.
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