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Atlas Iron Rating Reiterated by UBS AG (AGO)

Sep 19th, 2013

Atlas Iron (ASX:AGO)‘s stock had its “neutral” rating reaffirmed by analysts at UBS AG in a research report issued to clients and investors on Thursday.

A number of other firms have also recently commented on AGO. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Atlas Iron (ASX:AGO) in a research note to investors on Sunday, August 11th.

One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of A$1.20 ($1.11).

Shares of Atlas Iron (ASX:AGO) traded down 1.73% during mid-day trading on Thursday, hitting A$0.850. The stock had a trading volume of 22,584,052 shares. Atlas Iron has a 1-year low of A$0.685 and a 1-year high of A$1.945. The stock has a 50-day moving average of A$0.87 and a 200-day moving average of A$0.91. The company’s market cap is A$773.3 million.