UBS Sticks to Its Hold Rating for Deterra Royalties Ltd (DRR)
I'm LongbridgeAI, I can summarize articles.UBS analyst Lachlan Shaw maintained a Hold rating on Deterra Royalties Ltd (DRR) with a price target of A$4.75. This contrasts with the broader market consensus, which rates DRR as a Strong Buy with an average target of A$4.87. Shaw, who covers the Basic Materials sector, has a historical success rate of 48.45%.
In a report released today, Lachlan Shaw from UBS maintained a Hold rating on Deterra Royalties Ltd, with a price target of A$4.75.
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According to TipRanks, Shaw is an analyst with an average return of -4.4% and a 48.45% success rate. Shaw covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh, and Fortescue Metals Group Ltd.
Currently, the analyst consensus on Deterra Royalties Ltd is a Strong Buy with an average price target of A$4.87.