Shaw and Partners Sticks to Their Buy Rating for Peninsula Energy (PENMF)
I'm LongbridgeAI, I can summarize articles.Shaw and Partners analyst Andrew Hines maintained a Buy rating on Peninsula Energy (PENMF) with an A$0.81 price target, despite shares closing at A$0.26. This aligns with a Moderate Buy consensus and Canaccord Genuity's recent Buy rating with an A$0.80 target, indicating significant upside potential.
Shaw and Partners analyst Andrew Hines maintained a Buy rating on Peninsula Energy yesterday and set a price target of A$0.81. The company’s shares closed yesterday at A$0.26.
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According to TipRanks, Hines is a 3-star analyst with an average return of 3.2% and a 38.81% success rate. Hines covers the Basic Materials sector, focusing on stocks such as Boab Metals Ltd, Metro Mining Limited, and Genesis Minerals Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Peninsula Energy with a A$0.80 average price target, representing a 209.15% upside. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a A$0.80 price target.