Uranium company Paladin downgraded by investment analysts
Translating business language – “outperform” – means good to invest. “Sector Perform” mean s not so good
Outperform. The stock’s total return is projected to exceed the average return of the industry (or its sector or its peers). This means the stock will perform better than the competition and is likely rated a “Buy”.
Sector Perform). The stock is expected to perform in line with the average return of the market or sector or its peers. Similar to a “Hold” or a “Neutral” rating.
Paladin Energy Limited Downgraded to Sector Perform at RBC Capital (PDN) North fork vue.com October 2nd, 2013 Paladin Energy Limited (ASX:PDN) was downgraded by investment analysts at RBC Capital from an “outperform” rating to a “sector perform” rating in a note issued to investors on Wednesday, American Banking News reports. They currently have a A$0.80 ($0.75) price target on the stock……..
A number of other analysts have also recently weighed in on PDN. Analysts at TD Securities cut their price target on shares of Paladin Energy Limited (ASX:PDN) from A$0.90 ($0.84) to A$0.65 ($0.61) in a research note to investors on Friday, August 30th. They now have a “hold” rating on the stock. Separately, analysts at BMO Capital Markets cut their price target on shares of Paladin Energy Limited (ASX:PDN) from A$0.80 ($0.75) to A$0.60 ($0.56) in a research note to investors on Friday, August 30th. Finally, analysts at Raymond James downgraded shares of Paladin Energy Limited (ASX:PDN) from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, August 5th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of A$0.96 ($0.90).
Paladin Energy Ltd (ASX:PDN) is a uranium production company with projects in Australia and two operating mines in Africa. http://www.northforkvue.com/finance/10712/paladin-energy-limited-downgraded-to-sector-perform-at-rbc-capital-pdn/
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oh dear me!! 🙂 hehe WHO is next?? 🙂