Australian Broker Call Report
TARGET PRICE$10.75 | Buy17 Dec 2021 UBS |
Upon a change of analyst, UBS sets a $10.75 target price and maintains its Buy rating for Allkem (formerly named Orocobre). It's thought the company has the resource inventory and brine/hard rock... |
TARGET PRICE$12.00 | Buy15 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... |
TARGET PRICE$12.00 | Buy09 Dec 2021 Citi |
Cit has published its annual commodities 2022 Outlook and says that, after five solid quarters of outperformance, it expects the sector to take a breather, setting up a "more ... |
TARGET PRICE$12.00 | Outperform22 Nov 2021 Macquarie |
Macquarie believes strong capacity growth in the downstream battery market will spur solid demand in lithium. The broker also points out realised spodumene prices have reached a record high of ... |
