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Beacon Lighting Group Ltd (BLX) was downgraded to a Hold Rating at Morgans

Beacon Lighting Group Ltd (BLX) was downgraded to a Hold Rating at Morgans

Morgans analyst Emily Porter downgraded Beacon Lighting Group Ltd (BLX – Research Report) to a Hold today and set a price target of A$3.55. The company's shares closed today at A$3.55.
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Porter covers the Consumer Cyclical sector, focusing on stocks such as Accent Group Ltd, Reject Shop Limited, and Lovisa Holdings Ltd.. According to TipRanks, Porter has an average return of -1.6% and a 46.43% success rate on recommended stocks.
Currently, the analyst consensus on Beacon Lighting Group Ltd is a Moderate Buy with an average price target of A$3.96.
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