In a report released today, Levi Spry from UBS maintained a Sell rating on Pilbara Minerals Limited (PILBF – Research Report), with a price target of A$2.75. The company’s shares closed yesterday at $2.27.
Spry covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals Limited, IGO, and Newmont Mining. According to TipRanks, Spry has an average return of 4.9% and a 57.26% success rate on recommended stocks.
In addition to UBS, Pilbara Minerals Limited also received a Sell from Goldman Sachs’s Hugo Nicolaci in a report issued yesterday. However, today, Macquarie maintained a Buy rating on Pilbara Minerals Limited (Other OTC: PILBF).
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PILBF market cap is currently $6.47B and has a P/E ratio of 4.00.
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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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