In a report released today, Rahul Anand from Morgan Stanley maintained a Sell rating on Northern Star Resources Ltd (NESRF – Research Report), with a price target of A$15.60. The company’s shares closed last Friday at $11.60.
According to TipRanks, Anand is a 5-star analyst with an average return of 9.3% and a 56.00% success rate. Anand covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Iluka Resources Limited, and BHP Group Ltd.
In addition to Morgan Stanley, Northern Star Resources Ltd also received a Sell from Jarden’s Ben Lyons in a report issued on October 25. However, on October 29, Morgans maintained a Buy rating on Northern Star Resources Ltd (Other OTC: NESRF).
The company has a one-year high of $12.18 and a one-year low of $7.02. Currently, Northern Star Resources Ltd has an average volume of 7,806.
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Northern Star Resources Ltd (NESRF) Company Description:
Northern Star Resources Ltd. is a gold producer and exploration company. It operates through the following segments: Pogo, Kalgoorlie Operations, Jundee, and Exploration. The company founded in May 2000 and is headquartered in Subiaco, Australia.