Morgans Reaffirms Their Sell Rating on Beach Energy (BEPTF)
I'm LongbridgeAI, I can summarize articles.Morgans analyst Adrian Prendergast reaffirmed a Sell rating on Beach Energy (BEPTF) with a price target of A$0.82. This follows similar Sell ratings from UBS, while Bell Potter maintained a Hold rating. Prendergast, a top-rated analyst in the energy sector, continues to express negative sentiment towards the stock.
In a report released today, Adrian Prendergast from Morgans maintained a Sell rating on Beach Energy , with a price target of A$0.82.
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According to TipRanks, Prendergast is a 5-star analyst with an average return of 17.0% and a 58.48% success rate. Prendergast covers the Energy sector, focusing on stocks such as Beach Energy , Amplitude Energy, and Karoon Energy Ltd.
In addition to Morgans, Beach Energy also received a Sell from UBS’s Tom Allen in a report issued on August 7. However, on the same day, Bell Potter maintained a Hold rating on Beach Energy (Other OTC: BEPTF).