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Ord Minnett Sticks to Their Buy Rating for Brazilian Rare Earths Ltd. (BRE)

Ord Minnett Sticks to Their Buy Rating for Brazilian Rare Earths Ltd. (BRE)

Ord Minnett analyst Matthew Hope maintained a Buy rating on Brazilian Rare Earths Ltd. (BRE – Research Report) today and set a price target of A$6.30. The company's shares opened today at A$2.30.
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According to TipRanks, Hope is a 4-star analyst with an average return of 10.0% and a 54.46% success rate. Hope covers the Basic Materials sector, focusing on stocks such as Boss Energy , Lotus Resources Limited, and Lynas Rare Earths .
Currently, the analyst consensus on Brazilian Rare Earths Ltd. is a Strong Buy with an average price target of A$5.27, which is a 129.13% upside from current levels. In a report released on May 30, Petra Capital also maintained a Buy rating on the stock with a A$4.52 price target.

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