Avalon Rare Metals PT Lowered to $1.50 (AVL)
Stock analysts at Roth Capital dropped their price objective on shares of Avalon Rare Metals (NYSE:AVL) from $4.00 to $1.50 in a report issued on Friday, AnalystRatingsNetwork.com reports. Roth Capital’s price target would indicate a potential upside of 84.48% from the company’s current price.
Separately, analysts at Zacks upgraded shares of Avalon Rare Metals (NYSE:AVL) from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, July 10th. They now have a $0.70 price target on the stock.
Avalon Rare Metals (NYSE:AVL) traded down 4.07% on Friday, hitting $0.78. 414,391 shares of the company’s stock traded hands. Avalon Rare Metals has a 52 week low of $0.50 and a 52 week high of $2.47. The stock has a 50-day moving average of $0.82 and a 200-day moving average of $0.90. The company’s market cap is $81.0 million.
Avalon Rare Metals Inc (NYSE:AVL) is a Canada-based mineral exploration and development company.
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