Paladin Energy Stock Rating Reaffirmed by Credit Suisse (PDN)
Paladin Energy (TSE:PDN)‘s stock had its “neutral” rating reaffirmed by Credit Suisse in a research note issued on Friday, AR Network reports. They currently have a C$0.60 price target on the stock, down from their previous price target of C$0.65. Credit Suisse’s price target suggests a potential upside of 41.18% from the stock’s previous close.
A number of other analysts have also recently weighed in on PDN. Analysts at Scotiabank cut their price target on shares of Paladin Energy from C$0.75 to C$0.65 in a research note on Friday. They now have a “sector perform” rating on the stock. Separately, analysts at TD Securities reiterated a “hold” rating on shares of Paladin Energy in a research note on Friday. They now have a C$0.60 price target on the stock, down previously from C$0.65. Finally, 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, six have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of C$0.64.
Paladin Energy (TSE:PDN) remained flat at $0.425 during trading on Friday. The stock had a trading volume of 714,765 shares. Paladin Energy has a one year low of $0.375 and a one year 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 $409.8 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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