Citi analyst Thiago Ojea maintained a Hold rating on Liontown Resources Limited today and set a price target of A$1.30.
According to TipRanks, Ojea is a 3-star analyst with an average return of 12.5% and a 71.43% success rate. Ojea covers the Basic Materials sector, focusing on stocks such as PLS Group, Regis Resources Limited, and Genesis Minerals Limited.
In addition to Citi, Liontown Resources Limited also received a Hold from UBS’s Levi Spry in a report issued on August 31. However, on September 1, Canaccord Genuity maintained a Buy rating on Liontown Resources Limited (Frankfurt: LIS).
LIS market cap is currently A$3.78B and has a P/E ratio of 57.62.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LIS in relation to earlier this year.
