Whitehaven Coal Limited (WHITF) Gets a Buy from Morgan Stanley
In a report released today, Rahul Anand from Morgan Stanley maintained a Buy rating on Whitehaven Coal Limited (WHITF – Research Report), with a price target of A$6.20. The company's shares closed today at $3.63.
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Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Evolution Mining , and Iluka Resources Limited. According to TipRanks, Anand has an average return of 5.5% and a 48.37% success rate on recommended stocks.
Whitehaven Coal Limited has an analyst consensus of Moderate Buy, with a price target consensus of $4.17.
WHITF market cap is currently $2.96B and has a P/E ratio of 26.52.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WHITF in relation to earlier this year.
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