Paladin Energy Stock Rating Reaffirmed by Raymond James (PDN)
Paladin Energy (TSE:PDN)‘s stock had its “market perform” rating restated by equities research analysts at Raymond James in a research note issued to investors on Wednesday, AnalystRatingsNetwork reports. They currently have a C$0.50 price target on the stock. Raymond James’ price objective suggests a potential upside of 8.70% from the stock’s previous close.
Paladin Energy (TSE:PDN) traded up 5.43% on Wednesday, hitting $0.485. 607,978 shares of the company’s stock traded hands. Paladin Energy has a 1-year low of $0.375 and a 1-year high of $1.34. The stock has a 50-day moving average of $0.43 and a 200-day moving average of $0.55. The company’s market cap is $467.2 million.
Separately, analysts at Haywood Securities cut their price target on shares of Paladin Energy from C$0.80 to C$0.60 in a research note to investors on Tuesday, October 22nd. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. Paladin Energy has an average rating of “Hold” and a consensus price target of C$1.11.
Paladin Energy Ltd (TSE:PDN) is a uranium production company with projects in Australia and two operating mines in Africa.
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