Piedmont Lithium Limited (NASDAQ:PLL) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a 1-year consensus price target of $28.00 for the company, according to Zacks. Zacks has also assigned Piedmont Lithium an industry rank of 99 out of 255 based on the ratings given to related companies.
Several research analysts recently commented on the company. ValuEngine cut Piedmont Lithium from a “hold” rating to a “sell” rating in a research note on Tuesday. Zacks Investment Research upgraded Piedmont Lithium from a “sell” rating to a “hold” rating in a research note on Tuesday, February 4th.
Piedmont Lithium Company Profile
Piedmont Lithium Limited engages in the exploration and development of mineral properties in the United States. It primarily holds a 100% interest in the Piedmont lithium project covering a landholding of 1,092 acres in the Carolina Lithium Belt, North Carolina. The company was formerly known as WCP Resources Limited and changed its name to Piedmont Lithium Limited in August 2017.
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