Bell Potter downgrades Austal (AUTLF) to a Hold
In a report released today, Daniel Lang from Bell Potter downgraded Austal (AUTLF – Research Report) to a Hold, with a price target of A$5.60. The company's shares closed today at $3.76.
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According to TipRanks, Lang is a 5-star analyst with an average return of 33.6% and a 77.78% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Austal with a $2.75 average price target.
The company has a one-year high of $4.04 and a one-year low of $1.39. Currently, Austal has an average volume of 5,662.
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