Ord Minnett Reaffirms Their Buy Rating on Meteoric Resources NL (MEI)
In a report released today, Matthew Hope from Ord Minnett maintained a Buy rating on Meteoric Resources NL (MEI – Research Report), with a price target of A$0.20. The company's shares opened today at A$0.13.
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Hope covers the Basic Materials sector, focusing on stocks such as Boss Energy , Lotus Resources Limited, and Lynas Rare Earths . According to TipRanks, Hope has an average return of 10.8% and a 57.43% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Meteoric Resources NL with a A$0.27 average price target.
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