Stratex International plc Price Target Cut to GBX 9.30 (STI)
Research analysts at Northland Securities reduced their price target on shares of Stratex International plc (LON:STI) from GBX 10.90 ($0.18) to GBX 9.30 ($0.16) in a report released on Thursday. The firm currently has a “buy” rating on the stock. Northland Securities’ price target would indicate a potential upside of 232.74% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Stratex International plc in a research note on Monday, July 21st. They now have a GBX 10.90 ($0.18) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Stratex International plc in a research note on Thursday, July 17th. Finally, analysts at SP Angel reiterated a “buy” rating on shares of Stratex International plc in a research note on Wednesday, July 16th. They now have a GBX 12.10 ($0.20) price target on the stock.
Stratex International plc (LON:STI) traded up 0.70% during mid-day trading on Thursday, hitting GBX 2.87. The stock had a trading volume of 65,521 shares. Stratex International plc has a one year low of GBX 2.67 and a one year high of GBX 4.225. The stock’s 50-day moving average is GBX 3.06 and its 200-day moving average is GBX 3.32.
Stratex International Plc is engaged in the exploration and development of gold and other high-value base metals.
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