Credit Suisse Maintains Their Hold Rating on Syrah Resources (SYAAF)

The company’s shares closed last Thursday at $0.93, close to its 52-week low of $0.71.

According to TipRanks.com, Kavonic is a 3-star analyst with an average return of 3.6% and a 46.5% success rate. Kavonic covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, Pilbara Minerals Limited, and Rio Tinto Limited.

The word on The Street in general, suggests a Hold analyst consensus rating for Syrah Resources with a $1.00 average price target, implying a 12.0% upside from current levels. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a price target.

See Insiders’ Hot Stocks on TipRanks >>

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Syrah Resources Ltd. is an industrial minerals and technology company. The company operates through two segments: Balma and Corporate. The Balma segment includes mining, mineral exploration, evaluation and development activities associated with the Balama Graphite Project in Mozambique. The Corporate segment includes corporate administration and investing activities including development of the group’s battery anode material strategy. Its projects includes Balma project, Sphercial Graphite Project, Balama Vanadium Project. The company was founded on July 23, 2007 and is headquartered in Melbourne, Australia.

Read More on SYAAF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed