JPMorgan Chase & Co. Reiterates Neutral Rating for Perseus Mining Limited (PRU)
Perseus Mining Limited (ASX:PRU)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Tuesday, AnalystRatingsNetwork.com reports.
Shares of Perseus Mining Limited (ASX:PRU) traded down 1.50% during mid-day trading on Tuesday, hitting A$0.655. The stock had a trading volume of 1,968,528 shares. Perseus Mining Limited has a one year low of A$0.425 and a one year high of A$3.000. The stock’s 50-day moving average is A$0.66 and its 200-day moving average is A$1.09. The company has a market cap of A$300.0 million and a P/E ratio of 7.92.
Several other analysts have also recently commented on the stock. Analysts at Jennings Capital reiterated a “hold” rating on shares of Perseus Mining Limited (ASX:PRU) in a research note to investors on Thursday, August 29th. They now have a A$0.90 ($0.83) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “neutral” rating on shares of Perseus Mining Limited (ASX:PRU) in a research note to investors on Friday, August 2nd.
Six research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Perseus Mining Limited presently has a consensus rating of “Hold” and an average price target of A$1.80 ($1.65).
Perseus Mining Limited (ASX:PRU) is an Australia-based company.
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