Ord Minnett Remains a Buy on Whitehaven Coal Limited (WHITF)
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According to TipRanks, Elder is an analyst with an average return of -18.1% and a 20.59% success rate.
In addition to Ord Minnett, Whitehaven Coal Limited also received a Buy from Citi's Paul McTaggart in a report issued today. However, on April 15, UBS downgraded Whitehaven Coal Limited (Other OTC: WHITF) to a Hold.
Based on Whitehaven Coal Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.43 billion and a net profit of $77 million. In comparison, last year the company earned a revenue of $1.59 billion and had a net profit of $257.62 million
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WHITF in relation to earlier this year.
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