J.P. Morgan Reaffirms Their Buy Rating on Capricorn Metals Ltd (CMM)
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Jonathan Sharp reaffirmed a Buy rating on Capricorn Metals Ltd (CMM) with an A$17.40 price target, while shares closed at A$13.05. The stock holds a Strong Buy consensus with an average target of A$17.67, implying 35.4% upside. Bell Potter also maintains a Buy rating with an A$17.80 target.
J.P. Morgan analyst Jonathan Sharp maintained a Buy rating on Capricorn Metals Ltd yesterday and set a price target of A$17.40. The company’s shares closed today at A$13.05.
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According to TipRanks, Sharp is a 4-star analyst with an average return of 23.5% and a 40.48% success rate. Sharp covers the Basic Materials sector, focusing on stocks such as Capricorn Metals Ltd, Iluka Resources Limited, and Regis Resources Limited.
Currently, the analyst consensus on Capricorn Metals Ltd is a Strong Buy with an average price target of A$17.67, representing a 35.40% upside. In a report released on August 3, Bell Potter also maintained a Buy rating on the stock with a A$17.80 price target.