LYC 1.30% $7.61 lynas rare earths limited

NdPR price, page-2433

  1. 869 Posts.
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    From the fool, just saw today:

    "Bell Potter continues to believe that this rare earths producer's shares are undervalued by the market.

    In response to its quarterly update last week, the broker has put a buy rating and $8.50 price target on the ASX share. This implies potential upside of almost 40% for investors over the next 12 months.

    The broker is positive on the outlook for rare earths and believes that Lynas is a great way to gain exposure to the elements."

    I have a rather sceptical opinion of the fool, but BP are usually very competent, so it's good news.
 
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