Analysts have been eager to weigh in on the Materials sector with new ratings on Costa Group Holdings Ltd. (CTTQF – Research Report) and Paladin Energy Ltd (PALAF – Research Report).
Costa Group Holdings Ltd. (CTTQF)
UBS analyst Evan Karatzas maintained a Hold rating on Costa Group Holdings Ltd. today and set a price target of A$2.75. The company’s shares closed last Thursday at $1.64.
According to TipRanks.com, Karatzas is ranked #3862 out of 8294 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Costa Group Holdings Ltd. with a $1.95 average price target.
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Paladin Energy Ltd (PALAF)
Shaw and Partners analyst Andrew Hines maintained a Buy rating on Paladin Energy Ltd today and set a price target of A$1.30. The company’s shares closed last Friday at $0.54.
According to TipRanks.com, Hines has 0 stars on 0-5 stars ranking scale with an average return of -12.1% and a 24.7% success rate. Hines covers the Basic Materials sector, focusing on stocks such as Peninsula Energy Limited, Auteco Minerals Limited, and Jervois Global Limited.
Currently, the analyst consensus on Paladin Energy Ltd is a Moderate Buy with an average price target of $0.80, which is a 56.9% upside from current levels. In a report issued on January 20, Macquarie also maintained a Buy rating on the stock with a A$1.00 price target.
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