Canaccord Genuity analyst Paul Howard CFA maintained a Buy rating on Predictive Discovery Limited yesterday and set a price target of A$1.66.
Howard CFA covers the Basic Materials sector, focusing on stocks such as Emerald Resources NL, Midas Minerals Limited, and Many Peaks Gold Ltd.. According to TipRanks, Howard CFA has an average return of 18.0% and a 56.28% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Predictive Discovery Limited with a A$1.58 average price target.
Based on Predictive Discovery Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of A$12.88 million. In comparison, last year the company had a GAAP net loss of A$7.85 million
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PDI in relation to earlier this year.
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