J.P. Morgan analyst Al Harvey downgraded Pilbara Minerals Limited (PILBF – Research Report) to a Sell on April 19 and set a price target of A$3.10. The company’s shares closed yesterday at $2.48.
According to TipRanks, Harvey is a 4-star analyst with an average return of 8.7% and a 59.26% success rate. Harvey covers the Basic Materials sector, focusing on stocks such as Gold Road Resources Ltd, Iluka Resources Limited, and Pilbara Minerals Limited.
In addition to J.P. Morgan, Pilbara Minerals Limited also received a Sell from UBS’s Levi Spry in a report issued yesterday. However, on the same day, Morgans downgraded Pilbara Minerals Limited (Other OTC: PILBF) to a Hold.
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 114.4K.
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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.
