Positive Report for Reliance Worldwide Corp. (RLLWF) from Morgans
Reliance Worldwide Corp. (RLLWF – Research Report) received a Buy rating and a A$5.45 price target from Morgans analyst Alexander Lu today. The company's shares closed yesterday at $2.80.
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Lu covers the Industrials sector, focusing on stocks such as Reliance Worldwide Corp., Brambles , and Reece Limited. According to TipRanks, Lu has an average return of 6.3% and a 42.31% success rate on recommended stocks.
In addition to Morgans, Reliance Worldwide Corp. also received a Buy from Ord Minnett's James Casey in a report issued on May 7. However, on May 6, Morgan Stanley maintained a Hold rating on Reliance Worldwide Corp. (Other OTC: RLLWF).
The company has a one-year high of $4.14 and a one-year low of $2.21. Currently, Reliance Worldwide Corp. has an average volume of 1,281.
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