---
title: "Bell Potter Reaffirms Their Buy Rating on Nickel Mines Ltd. (NIC)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290891022.md"
description: "Bell Potter analyst David Coates reaffirmed a Buy rating on Nickel Mines Ltd. (NIC) with a price target of A$1.55. Coates, a 5-star analyst, covers the Basic Materials sector. This follows a Buy recommendation from Macquarie's Austin Yun on June 17, contrasting with Jefferies' downgrade to Hold on June 9."
datetime: "2026-06-26T00:05:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290891022.md)
  - [en](https://longbridge.com/en/news/290891022.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290891022.md)
generator: "portal-rs"
---

# Bell Potter Reaffirms Their Buy Rating on Nickel Mines Ltd. (NIC)

Bell Potter analyst David Coates maintained a Buy rating on Nickel Mines Ltd. today and set a price target of A$1.55.

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According to TipRanks, Coates is a 5-star analyst with an average return of 29.2% and a 55.90% success rate. Coates covers the Basic Materials sector, focusing on stocks such as Minerals 260 Limited, Nickel Mines Ltd., and Battery Minerals Ltd..

In addition to Bell Potter, Nickel Mines Ltd. also received a Buy from Macquarie’s Austin Yun in a report issued on June 17. However, on June 9, Jefferies downgraded Nickel Mines Ltd. (ASX: NIC) to a Hold.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**