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Morgans Keeps Their Buy Rating on Stanmore Resources Ltd (SMR)

Morgans Keeps Their Buy Rating on Stanmore Resources Ltd (SMR)

Morgans analyst Tom Sartor maintained a Buy rating on Stanmore Resources Ltd (SMR – Research Report) today and set a price target of A$3.35. The company's shares closed today at A$1.90.
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According to TipRanks, Sartor is a 4-star analyst with an average return of 16.6% and a 41.03% success rate.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stanmore Resources Ltd with a A$3.74 average price target, implying a 96.84% upside from current levels. In a report released on April 30, Citi also maintained a Buy rating on the stock with a A$3.10 price target.
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