Morgans Sticks to Its Buy Rating for Deterra Royalties Ltd (DRR)
I'm LongbridgeAI, I can summarize articles.Morgans analyst Adrian Prendergast maintained a Buy rating on Deterra Royalties Ltd (ASX: DRR) with a price target of A$5.10. This follows other recent ratings, including a Buy from J.P. Morgan and a Hold from UBS.
In a report released today, Adrian Prendergast from Morgans maintained a Buy rating on Deterra Royalties Ltd, with a price target of A$5.10.
Summer Sale - Claim 70% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, Prendergast is a 5-star analyst with an average return of 16.5% and a 57.27% success rate. Prendergast covers the Energy sector, focusing on stocks such as Amplitude Energy, Beach Energy , and Karoon Energy Ltd.
In addition to Morgans, Deterra Royalties Ltd also received a Buy from J.P. Morgan’s Lyndon Fagan in a report issued on August 19. However, on August 18, UBS maintained a Hold rating on Deterra Royalties Ltd (ASX: DRR).
