Canaccord Genuity Remains a Buy on Perenti Global (AUSDF)

In a report released on June 27, Cameron Bell from Canaccord Genuity maintained a Buy rating on Perenti Global (AUSDFResearch Report), with a price target of A$1.44. The company’s shares closed last Thursday at $0.84.

According to TipRanks, Bell is ranked #6889 out of 8402 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Perenti Global with a $0.93 average price target.

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AUSDF market cap is currently A$736.7M and has a P/E ratio of 13.15.

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Perenti Global Ltd is an exploration and production drilling company which offers a range of mining services. It provides exploration drilling, production drilling, blasting, and geotechnical services. The projects of the company include KCGM Superpit, Huntly, Tropicana, Koolyanobbing, Mungari and Ensham among others.

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