30-05-2025
Canaccord Genuity Keeps Their Buy Rating on Vulcan Energy Resources Ltd. (VUL)
Canaccord Genuity analyst Timothy Hoff maintained a Buy rating on Vulcan Energy Resources Ltd. (VUL – Research Report) on May 28 and set a price target of A$10.00. The company's shares opened today at A$4.01.
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Hoff covers the Basic Materials sector, focusing on stocks such as IGO, Prospect Resources Ltd., and Canyon Resources Limited. According to TipRanks, Hoff has an average return of -2.1% and a 45.40% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vulcan Energy Resources Ltd. with a A$8.05 average price target, representing a 100.75% upside. In a report released on May 26, Bell Potter also maintained a Buy rating on the stock with a A$6.10 price target.