29metals Ltd. (29M) Gets a Hold from Morgan Stanley
In a report released today, Rahul Anand from Morgan Stanley maintained a Hold rating on 29metals Ltd. (29M – Research Report), with a price target of A$0.13. The company's shares opened today at A$0.14.
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According to TipRanks, Anand is a 4-star analyst with an average return of 5.3% and a 48.81% success rate. Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Iluka Resources Limited, and Pilbara Minerals .
In addition to Morgan Stanley, 29metals Ltd. also received a Hold from RBC Capital's Paul Wiggers de Vries in a report issued on April 14. However, on April 17, Canaccord Genuity maintained a Sell rating on 29metals Ltd. (ASX: 29M).
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