North American Palladium Rating Reiterated by CIBC (PDL)
North American Palladium (TSE:PDL)‘s stock had its “sector underperform” rating restated by research analysts at CIBC in a report released on Tuesday, StockRatingsNetwork.com reports.
A number of other analysts have also recently weighed in on PDL. Analysts at RBC Capital reiterated an “underperform” rating on shares of North American Palladium in a research note to investors on Tuesday. Separately, analysts at Scotiabank cut their price target on shares of North American Palladium from C$1.35 to C$0.80 in a research note to investors on Friday, November 15th. Finally, analysts at Mackie cut their price target on shares of North American Palladium from C$1.60 to C$1.30 in a research note to investors on Friday, November 15th. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. North American Palladium has an average rating of “Hold” and an average target price of C$1.15.
North American Palladium (TSE:PDL) traded down 5.21% on Tuesday, hitting $0.91. 1,095,775 shares of the company’s stock traded hands. North American Palladium has a one year low of $0.395 and a one year high of $1.97. The stock’s 50-day moving average is $0.55 and its 200-day moving average is $0.92. The company’s market cap is $179.4 million.
North American Palladium Ltd. (TSE:PDL) is a precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada.
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