Paladin Energy Ltd (PDN) Price Target Increased to C$0.11 by Analysts at Scotiabank
Paladin Energy Ltd (TSE:PDN) had its price target lifted by Scotiabank from C$0.10 to C$0.11 in a research note issued to investors on Tuesday. The brokerage currently has an “underperform” rating on the stock. Scotiabank’s target price would indicate a potential downside of 29.03% from the company’s current price.
Separately, TD Securities reiterated a “hold” rating and issued a C$0.25 price target on shares of Paladin Energy in a research report on Thursday, August 25th.
Paladin Energy (TSE:PDN) traded up 0.000% during mid-day trading on Tuesday, reaching $0.155. 124,800 shares of the company’s stock traded hands. The stock’s market cap is $265.49 million. The firm has a 50-day moving average price of $0.16 and a 200-day moving average price of $0.20. Paladin Energy has a 1-year low of $0.15 and a 1-year high of $0.27.
About Paladin Energy
Paladin Energy Limited (Paladin) is an Australia-based uranium production company. The Company is engaged in the development and operation of uranium mines in Africa, together with global exploration and evaluation activities in Africa, Australia and Canada. Paladin had accumulated a portfolio of advanced uranium projects each having production potential.
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