UBS Remains a Buy on Capricorn Metals Ltd (CMM)
I'm LongbridgeAI, I can summarize articles.UBS analyst Al Harvey maintains a Buy rating on Capricorn Metals Ltd (CMM) with an A$1.47 price target, despite shares closing at A$13.58. The broader analyst consensus is a Strong Buy with an average target of A$15.40, implying 13.4% upside. Macquarie also holds a Buy rating with a higher target of A$16.30.
In a report released yesterday, Al Harvey from UBS maintained a Buy rating on Capricorn Metals Ltd, with a price target of A$1.47. The company’s shares closed today at A$13.58.
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According to TipRanks, Harvey is a 4-star analyst with an average return of 10.6% and a 64.71% success rate. Harvey covers the Basic Materials sector, focusing on stocks such as Ora Banda Mining, Westgold Resources, and Minerals 260 Limited.
Currently, the analyst consensus on Capricorn Metals Ltd is a Strong Buy with an average price target of A$15.40, which is a 13.40% upside from current levels. In a report released on July 27, Macquarie also maintained a Buy rating on the stock with a A$16.30 price target.