Jefferies analyst Mitch Ryan maintained a Buy rating on Pilbara Minerals Limited (PILBF – Research Report) yesterday and set a price target of A$4.20. The company’s shares closed yesterday at $2.55.
According to TipRanks, Ryan is a 4-star analyst with an average return of 10.0% and a 60.00% success rate. Ryan covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, Pilbara Minerals Limited, and Northern Star Resources Ltd.
Currently, the analyst consensus on Pilbara Minerals Limited is a Hold with an average price target of $2.44, a -4.31% downside from current levels. In a report released on February 23, Morgans also maintained a Buy rating on the stock with a A$4.50 price target.
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The company has a one-year high of $3.71 and a one-year low of $2.06. Currently, Pilbara Minerals Limited has an average volume of 140.4K.
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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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