Broker Report

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mygalz

179 Posts.

17/01/22

20:19

Post #: 58928894

Australian Broker Call Report
PLS
TARGET PRICE$3.95
Upgrade to Neutral from Underperform
17 Jan 2022
Credit Suisse
Credit Suisse has upgraded its spot lithium forecasts. When applied to Pilbarra, and after rejigging the company's production profile to align with recent downgraded guidance, the broker ...
PLS
TARGET PRICE$3.60
Neutral
12 Jan 2022
Citi
Citi analysts have updated their modeling which has resulted in quite the noticeable increase in their valuation/price target; to $3.60 from $2.50 in early December. Neutral/High Risk rating ...
PLS
TARGET PRICE$3.70
Outperform
22 Dec 2021
Macquarie
Macquarie upgrades earnings for Australian lithium miners, expecting strong electric vehicle sales volumes will support a four-year run of record spot lithium prices. The broker ...
PLS
TARGET PRICE$2.90
Buy
15 Dec 2021
Ord Minnett
Ord Minnett retains the view that the lithium market will remain in perpetual deficit and expects compound annual demand growth of 24% through to 2030. In light of this, and strong recent...