Platinum Asset Management Ltd (PIJ) was downgraded to a Sell Rating at Bell Potter

Bell Potter analyst Marcus Barnard downgraded Platinum Asset Management Ltd (PIJ – Research Report) to a Sell today and set a price target of A$0.52. The company's shares closed last Friday at €0.37.
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According to TipRanks, Barnard is a 2-star analyst with an average return of -0.8% and a 50.98% success rate.
Platinum Asset Management Ltd has an analyst consensus of Moderate Sell, with a price target consensus of €0.31, which is a -15.76% downside from current levels. In a report released on May 5, UBS also maintained a Sell rating on the stock with a A$0.50 price target.
The company has a one-year high of €0.75 and a one-year low of €0.28. Currently, Platinum Asset Management Ltd has an average volume of 14.75K.

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