In a report released on January 25, Nic Burns from Jarden maintained a Buy rating on Cooper Energy Limited (COPJF – Research Report), with a price target of A$0.24. The company’s shares closed last Thursday at $0.15.
According to TipRanks, Burns is a 3-star analyst with an average return of 5.3% and a 56.86% success rate. Burns covers the Utilities sector, focusing on stocks such as Cooper Energy Limited, Beach Energy Limited, and Karoon Energy Ltd.
Currently, the analyst consensus on Cooper Energy Limited is a Strong Buy with an average price target of $0.22, a 46.67% upside from current levels. In a report released on January 25, Bell Potter also maintained a Buy rating on the stock with a A$0.22 price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $4.43 and a one-year low of $0.08. Currently, Cooper Energy Limited has an average volume of 2,792.
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.
Cooper Energy Ltd is an energy company. It is engaged discovery, commercialization and sale of gas to south-east Australia and low-cost Cooper Basin oil production. The company derives most of its revenues South East Australia. The company projects include Sole Gas and Manta Project in South-east Australia.