I'm LongbridgeAI, I can summarize articles.UBS analyst Levi Spry downgraded Regis Resources Limited (RGRNF) to a Sell rating, setting a price target of A$8.00. This contrasts with the broader market consensus, which currently holds a Moderate Buy rating and an average price target of A$7.51 for the stock.
In a report released today, Levi Spry from UBS downgraded Regis Resources Limited to a Sell, with a price target of A$8.00.
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According to TipRanks, Spry is a 5-star analyst with an average return of 16.8% and a 71.84% success rate. Spry covers the Basic Materials sector, focusing on stocks such as Evolution Mining , Rio Tinto Limited, and Genesis Minerals Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Regis Resources Limited with a A$7.51 average price target.