In a report released today, Andrew Hines from Shaw and Partners maintained a Buy rating on Paladin Energy Ltd (PALAD – Research Report), with a price target of A$16.40. The company’s shares closed yesterday at $8.70.
According to TipRanks, Hines is ranked #7804 out of 8739 analysts.
Paladin Energy Ltd has an analyst consensus of Strong Buy, with a price target consensus of $10.48, representing a 20.46% upside. In a report released on April 22, Citi also maintained a Buy rating on the stock with a A$14.50 price target.
PALAD market cap is currently $2.69B and has a P/E ratio of 47.51.
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Paladin Energy Ltd (PALAD) 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.
