Macquarie Sticks to Its Buy Rating for 29metals Ltd. (29M)
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Baker is an analyst with an average return of -10.7% and a 42.55% success rate. Baker covers the Basic Materials sector, focusing on stocks such as Sandfire Resources Limited, Aurelia Metals , and FireFly Metals.
29metals Ltd. has an analyst consensus of Hold, with a price target consensus of A$0.26.
The company has a one-year high of A$0.51 and a one-year low of A$0.11. Currently, 29metals Ltd. has an average volume of 4.69M.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
USA Today
an hour ago
- USA Today
How much is Florida football's program worth? The Athletic ranks FBS teams by valuation
College football is a big business these days. In fact, the sport is among the biggest cash printers out there when it comes to the entertainment industry, creating billions of dollars of revenue every year. With NIL now here and the collegiate gridiron turned into a de facto professional league, one might wonder how much each school's program is worth as a whole — like how pro sports franchises have a value based on the fiscal aspects of the entity. The Athletic's Matt Baker attempted to answer this query in his rankings of every Power 4 team by how much they'd sell for, in which he put together some numbers based on what we know about the business side of these operations. Of course, he offers the following caveat: "Do not take our numbers to the bank, literally or metaphorically. Instead, consider this a fun attempt at blending back-of-the-envelope math with common sense to price college programs like their professional peers — an exercise that's theoretical for now … but might not be much longer," Baker warns. So, where do the Florida Gators stand in these data? Florida football's valuation, ranking per The Athletic According to Baker's math, the Gators are the 12th most-valuable program in the country and seventh most-valuable in the Southeastern Conference. "The Gators are also pursuing a major stadium upgrade that would significantly change the revenue picture; in January, the chairperson of the university's board of trustees publicly floated a $1 billion price tag for the project," he offers. It is also noted that Florida's average annual football revenue is $98.5 million. However, Baker's counterpoint has been a source of agony for the Orange and Blue faithful. "Florida's downside remains its on-field product. USC is the only other program in our top 12 that has never made the College Football Playoff, and the Gators have suffered through four consecutive seasons without finishing ranked." SEC schools among top-30-ranked program values A full dozen of the conference's 16 member schools cracked the top 30 of The Athletic's college football program valuations, with the Gators sitting near the midpoint at No. 7 among SEC programs. The Texas Longhorns and Georgia Bulldogs occupy the two top spots in the league as well as overall, respectively, while the Alabama Crimson Tide (No. 6 overall, No. 3 in SEC), Oklahoma Sooners (No. 7 overall, No. 4 in SEC), Tennessee Volunteers (No. 9 overall, No. 5 in SEC) and LSU Tigers (No. 10 overall, No. 6 in SEC) round out the top 10. After Florida follow the Auburn Tigers (No. 13 overall, No. 8 in SEC), Texas A&M Aggies (No. 15 overall, No. 9 in SEC), Arkansas Razorbacks (No. 23 overall, No. 10 in SEC), Ole Miss Rebels (No. 25 overall, No. 11 in SEC) and South Carolina Gamecocks (No. 257 overall, No. 12 in SEC). NCAA FBS program valuation projections top 30 rankings Follow us @GatorsWire on X, formerly known as Twitter, as well as Bluesky, and like our page on Facebook to follow ongoing coverage of Florida Gators news, notes and opinions.
Business Insider
7 hours ago
- Business Insider
Analysts Offer Insights on Communication Services Companies: Telia Company AB (OtherTLSNF) and Prosus (OtherPROSF)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Telia Company AB (TLSNF – Research Report) and Prosus (PROSF – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Telia Company AB (TLSNF) Barclays analyst Maurice Patrick maintained a Sell rating on Telia Company AB today and set a price target of SEK33.00. The company's shares closed last Wednesday at $3.50, equals to its 52-week high of $3.50. According to Patrick is ranked #2977 out of 9889 analysts. Currently, the analyst consensus on Telia Company AB is a Hold with an average price target of $3.55. Prosus (PROSF) In a report released today, Marcus Diebel from J.P. Morgan maintained a Buy rating on Prosus, with a price target of EUR63.50. The company's shares closed last Thursday at $56.48. Diebel has an average return of 2.8% when recommending Prosus. According to Diebel is ranked #8643 out of 9889 analysts. Prosus has an analyst consensus of Moderate Buy, with a price target consensus of $65.03, implying a 15.1% upside from current levels. In a report issued on July 8, TR | OpenAI – 4o also upgraded the stock to Buy with a EUR55.00 price target.
Business Insider
7 hours ago
- Business Insider
Schneider Electric (0NWV) Receives a Hold from Morgan Stanley
In a report released today, Max Yates from Morgan Stanley maintained a Hold rating on Schneider Electric, with a price target of €225.00. The company's shares closed last Friday at €237.15. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Yates is a 4-star analyst with an average return of 9.9% and a 60.95% success rate. Yates covers the Industrials sector, focusing on stocks such as Siemens Energy, ABB Ltd, and Alfa Laval AB. In addition to Morgan Stanley, Schneider Electric also received a Hold from Barclays's George Featherstone in a report issued on July 15. However, on July 9, Bernstein assigned a Buy rating to Schneider Electric (LSE: 0NWV).
