Paladin Energy Given Hold Rating at TD Securities (PDN)
Paladin Energy (TSE:PDN)‘s stock had its “hold” rating reiterated by analysts at TD Securities in a research report issued to clients and investors on Friday, Stock Ratings News reports. They currently have a C$0.60 price target on the stock, down from their previous price target of C$0.65. TD Securities’ target price points to a potential upside of 41.18% from the stock’s previous close.
Separately, analysts at Dundee Securities cut their price target on shares of Paladin Energy from C$0.95 to C$0.90 in a research note on Tuesday, May 6th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. Paladin Energy currently has a consensus rating of “Hold” and a consensus target price of C$0.65.
Paladin Energy (TSE:PDN) traded down 1.18% on Friday, hitting $0.42. The stock had a trading volume of 337,665 shares. Paladin Energy has a 52 week low of $0.375 and a 52 week high of $1.07. The stock has a 50-day moving average of $0.45 and a 200-day moving average of $0.46. The company’s market cap is $405.0 million.
Paladin Energy Ltd (TSE:PDN) is a uranium production company with projects in Australia and two operating mines in Africa.
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