Westhouse Securities Downgrades Sierra Rutile Ltd to Add (SRX)
Sierra Rutile Ltd (LON:SRX) was downgraded by equities researchers at Westhouse Securities to an “add” rating in a research report issued on Thursday, ARN reports. They currently have a GBX 65 ($1.04) price objective on the stock, down from their previous price objective of GBX 70 ($1.12). Westhouse Securities’ target price would suggest a potential upside of 12.65% from the stock’s previous close.
A number of other firms have also recently commented on SRX. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Sierra Rutile Ltd in a research note to investors on Wednesday, October 2nd. They now have a GBX 60 ($0.96) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Sierra Rutile Ltd in a research note to investors on Tuesday, September 24th. They now have a GBX 90 ($1.44) price target on the stock.
Sierra Rutile Ltd (LON:SRX) traded up 1.23% during mid-day trading on Thursday, hitting GBX 57.70. The stock had a trading volume of 2,143 shares. Sierra Rutile Ltd has a 1-year low of GBX 45.48 and a 1-year high of GBX 71.857. The stock has a 50-day moving average of GBX 57. and a 200-day moving average of GBX 56.93.
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