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Canaccord Genuity Keeps Their Buy Rating on Paladin Energy Ltd (PALAF)

Canaccord Genuity Keeps Their Buy Rating on Paladin Energy Ltd (PALAF)

Business Insider5 hours ago
Canaccord Genuity analyst James Bullen maintained a Buy rating on Paladin Energy Ltd on July 24 and set a price target of A$12.60. The company's shares closed last Friday at $4.72.
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Bullen covers the Energy sector, focusing on stocks such as Amplitude Energy, Paladin Energy Ltd, and Bannerman Energy. According to TipRanks, Bullen has an average return of 2.1% and a 45.99% success rate on recommended stocks.
In addition to Canaccord Genuity, Paladin Energy Ltd also received a Buy from Morgan Stanley's Shannon Sinha in a report issued on July 24. However, on the same day, J.P. Morgan upgraded Paladin Energy Ltd (Other OTC: PALAF) to a Hold.
PALAF market cap is currently $1.92B and has a P/E ratio of -125.87.
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