Paladin Energy Limited Rating Increased to Market Perform at Raymond James (PDN)
Paladin Energy Limited (ASX:PDN) was upgraded by research analysts at Raymond James to a “market perform” rating in a report released on Wednesday, Analyst Ratings Net reports.
PDN has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Paladin Energy Limited in a research note to investors on Friday, November 15th. They now have a A$0.80 ($0.72) price target on the stock. Analysts at Haywood Securities cut their price target on shares of Paladin Energy Limited from A$0.80 ($0.72) to A$0.60 ($0.54) in a research note to investors on Tuesday, October 22nd. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Paladin Energy Limited presently has an average rating of “Hold” and an average price target of A$0.63 ($0.57).
Paladin Energy Limited (ASX:PDN) remained flat at A$0.490 during trading on Wednesday. 22,983,560 shares of the company’s stock traded hands. Paladin Energy Limited has a one year low of A$0.380 and a one year high of A$1.265. The stock’s 50-day moving average is A$0.44 and its 200-day moving average is A$0.57. The company’s market cap is A$472.0 million.
Paladin Energy Ltd (ASX:PDN) is a uranium production company with projects in Australia and two operating mines in Africa.
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