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Bell Potter Remains a Buy on Whitehaven Coal Limited (WHITF)

Bell Potter Remains a Buy on Whitehaven Coal Limited (WHITF)

Bell Potter analyst James Williamson maintained a Buy rating on Whitehaven Coal Limited (WHITF – Research Report) today and set a price target of A$7.40.
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According to TipRanks, Williamson is ranked #8992 out of 9371 analysts.
In addition to Bell Potter, Whitehaven Coal Limited also received a Buy from Ord Minnett's Tim Elder in a report issued on April 16. However, on April 15, UBS downgraded Whitehaven Coal Limited (Other OTC: WHITF) to a Hold.
WHITF market cap is currently $2.59B and has a P/E ratio of 22.86.
Based on the recent corporate insider activity of 10 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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