Atlas Iron Stock Rating Reaffirmed by UBS AG (AGO)
Atlas Iron (ASX:AGO)‘s stock had its “neutral” rating reiterated by equities research analysts at UBS AG in a research note issued to investors on Friday, AnalystRatingsNetwork.com reports.
Atlas Iron (ASX:AGO) traded up 0.57% during mid-day trading on Friday, hitting A$0.880. 9,279,881 shares of the company’s stock traded hands. Atlas Iron has a one year low of A$0.685 and a one year high of A$1.945. The stock has a 50-day moving average of A$0.87 and a 200-day moving average of A$0.89. The company’s market cap is A$800.6 million.
Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Atlas Iron (ASX:AGO) in a research note to investors on Sunday, August 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of A$1.20 ($1.13).
Atlas Iron Limited (ASX:AGO) is engaged in the exploration, development and mining of iron ore.
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