Canaccord Genuity Sticks to Its Buy Rating for ioneer Limited (GSCCF)
I'm LongbridgeAI, I can summarize articles.Canaccord Genuity analyst Timothy Hoff maintained a Buy rating on ioneer Limited (GSCCF) with a price target of A$0.50, while the stock closed at A$0.15. The analyst consensus remains a Moderate Buy with an average target of A$0.45, implying significant upside. Additionally, Ord Minnett also issued a Buy rating with a A$0.40 target.
Canaccord Genuity analyst Timothy Hoff maintained a Buy rating on ioneer Limited yesterday and set a price target of A$0.50. The company’s shares closed today at A$0.15.
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According to TipRanks, Hoff is a 4-star analyst with an average return of 6.6% and a 49.19% success rate. Hoff covers the Basic Materials sector, focusing on stocks such as Cobre Limited, Vulcan Energy Resources Ltd., and 29metals Ltd..
Currently, the analyst consensus on ioneer Limited is a Moderate Buy with an average price target of A$0.45, representing a 198.87% upside. In a report released today, Ord Minnett also maintained a Buy rating on the stock with a A$0.40 price target.