RBC Capital Lowers Sierra Rutile Price Target to GBX 65 (SRX)
Investment analysts at RBC Capital decreased their price objective on shares of Sierra Rutile (LON:SRX) from GBX 90 ($1.52) to GBX 65 ($1.10) in a note issued to investors on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target would suggest a potential upside of 14.04% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Sierra Rutile in a research note on Friday, March 28th. They now have a GBX 65 ($1.10) price target on the stock. Analysts at Macquarie reiterated an “underperform” rating on shares of Sierra Rutile in a research note on Monday, February 24th. They now have a GBX 40 ($0.67) price target on the stock.
Shares of Sierra Rutile (LON:SRX) traded down 1.72% during mid-day trading on Wednesday, hitting GBX 57.00. 27,554 shares of the company’s stock traded hands. Sierra Rutile has a 52-week low of GBX 45.75 and a 52-week high of GBX 64.00. The stock’s 50-day moving average is GBX 56.62 and its 200-day moving average is GBX 60.54.
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