Citi analyst maintains Hold rating on Liontown Resources with A$1.05 target

  • Thiago Ojea maintained a Hold rating on Liontown Resources Limited.
  • A$1.05 was Ojea's price target for Liontown Resources Limited.
  • Six insiders showed positive sentiment after increased LIS purchases during the past quarter.

Thiago Ojea of Citi maintained a Hold rating on Liontown Resources Limited and set a price target of A$1.05. Ojea covers the Basic Materials sector, including Evolution Mining, Regis Resources Limited and Genesis Minerals Limited. TipRanks shows Ojea with an average return of -3.2% and a 36.36% success rate on recommended stocks. Liontown has a Moderate Buy analyst consensus and a consensus price target of €0.83. The company has a market capitalization of A$3.03 billion and a P/E ratio of 45.24. Sentiment from six corporate insiders is positive, reflecting increased buying of LIS shares during the past quarter compared with earlier this year.

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