Citi analyst Tom Wallington maintained a Buy rating on Karoon Energy Ltd today and set a price target of A$2.10.
According to TipRanks, Wallington is a 4-star analyst with an average return of 9.1% and a 71.88% success rate. Wallington covers the Energy sector, focusing on stocks such as Woodside Energy Group, Beach Energy , and Karoon Energy Ltd.
In addition to Citi, Karoon Energy Ltd also received a Buy from Jarden’s Nik Burns in a report issued on August 28. However, on the same day, Morgan Stanley maintained a Hold rating on Karoon Energy Ltd (Other OTC: KRNGF).
The company has a one-year high of A$2.26 and a one-year low of A$1.26. Currently, Karoon Energy Ltd has an average volume of 7.58M.
